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

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.

1 answer

The derived demand for labor comes from the demand for the goods and services that the labor produces. This means that the need for labor is contingent upon the demand for the output that labor helps create.

Similar Questions
  1. The derived demand for labor comes from the(1 point)Responses wages accepted by workers. wages accepted by workers. demand for
    1. answers icon 1 answer
  2. The derived demand for labor comes from the (1 point)a. difficulty of the labor involved in producing the goods and services. b.
    1. answers icon 1 answer
  3. The derived demand for labor comes from the (1 point)difficulty of the labor involved in producing the goods and services.
    1. answers icon 1 answer
  4. The derived demand for labor comes from the(1 point)Responses wages accepted by workers. wages accepted by workers. difficulty
    1. answers icon 1 answer
more similar questions