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

Question

Responses

wages accepted by workers.
wages accepted by workers.

demand for the goods and services that the labor produces.
demand for the goods and services that the labor produces.

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.

Answer 1

The correct response is:

demand for the goods and services that the labor produces.

Derived demand for labor means that the demand for labor is contingent upon the demand for the products and services that the labor helps to create.