Multiple Choice
The demand for labour is described as a derived demand because
A) it is derived by workers seeking to earn income to fund the consumption of goods and services.
B) it is derived by producers seeking to make profits by starting new businesses.
C) it is derived from the demand for products that use labour in the production process.
D) it is derived from government institutions which rely on labour markets for the purpose of raising tax revenue.
Correct Answer:
Verified
Correct Answer:
Verified
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