Multiple Choice
The demand for carpenters needed to build houses represents a
A) direct demand.
B) derived demand.
C) marginal demand/cost for input.
D) supplied demand.
E) directed supply.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q48: The value of marginal product is equal
Q49: The demand curve for a factor of
Q50: The supply of labor curve for an
Q51: If the wage rate is above the
Q52: A profit-maximizing firm hires labor up to
Q54: The demand for a resource is derived
Q56: The value of marginal product of labor
Q57: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q58: The value of the marginal product of
Q312: Why is the demand for labor a