Multiple Choice
The demand for an input is called a derived demand because
A) employers of inputs,particularly labor,derive income from using inputs.
B) employers derive satisfaction from giving employment to an input.
C) the demand for output is derived from the demand for the inputs used to produce it.
D) it arises from the demand for the output that the input is used to produce.
Correct Answer:
Verified
Correct Answer:
Verified
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