Business, 13.12.2021 23:40 dejabrewer01

When economists say that the demand for labor is a derived demand, they mean that it is A. related to the demand for the product or service labor is producing.
B. dependent on government expenditures for public goods and services.
C. based on the desire of businesses to exploit labor by paying below equilibrium wage rates.
D. based on the assumption that workers are trying to maximize their money incomes.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 09:30

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false

Answers: 1

Answer

Business, 22.06.2019 13:00

Dakota products has a production budget as follows: may, 16,000 units; june, 19,000 units; and july, 24,000 units. each unit requires 3 pounds of raw material and 2 direct labor hours. dakota desires to keep an inventory of 10% of the next month’s requirements on hand. on may, 1 there were 4,800 pounds of raw material in inventory. direct labor hours required in may would be:

Answers: 1

Answer

Business, 22.06.2019 13:30

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

Answers: 2

Answer

Business, 22.06.2019 19:50

Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?

Answers: 2

Answer

You know the right answer?

When economists say that the demand for labor is a derived demand, they mean that it is A. related...

Questions