The derived demand for labor comes from the(1 point)

Question

Responses

wages accepted by workers.
wages accepted by workers.

difficulty of the labor involved in producing the goods and services.
difficulty of the labor involved in producing the goods and services.

wages paid to workers.
wages paid to workers.

demand for the goods and services that the labor produces.

Answer 1

The correct response is:

demand for the goods and services that the labor produces.

Derived demand for labor refers to the demand for labor that arises from the demand for the products and services that labor helps to produce.