Multiple Choice
Which of the following is an example of a firm's derived demand?
A) The demand for a firm's product is a function of the population demographics.
B) Working more hours per week will increase the income derived from one's job.
C) Factors that increase the demand for labor will increase the equilibrium wage.
D) The wage that a worker earns is a function of his or her human capital.
E) A firm's demand for college textbook study guide authors is linked to the supply of college textbooks.
Correct Answer:
Verified
Correct Answer:
Verified
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