Which of the Following Is an Example of Derived Demand

question 73

Multiple Choice

Which of the following is an example of derived demand?

• A) Economic actions that decrease labor demand will lower wages.
• B) More highly educated workers earn more than less-educated workers.
• C) Garment industry demand for workers who sew depends on the number of garments produced.
• D) A lower price for pencils will lead to fewer pencil workers.
• E) A citrus disease will raise citrus fruit prices,leading to more fruit produced by plantations not affected by the disease.

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Definitions:

Personal Intervention

Direct and personal involvement in attempting to alter a situation or outcome.

Morphogenesis

The biological process that causes an organism to develop its shape and structure.

System-enhancing Behaviors

Refers to actions taken by individuals or groups that improve or optimize the functionality and effectiveness of a system.

Cathexis

A psychoanalytic term that describes the process of investing mental or emotional energy in a person, object, or idea.