Which of the Following Is the Best Example of a Derived

question 40

Multiple Choice

Which of the following is the best example of a derived demand?

• A)An increase in the wage rate causes firms to substitute capital for labour.
• B)A decrease in the price of internet connection will increase the demand for tablet computers.
• C)An increase in the price of butter increases the demand for margarine.
• D)An increase in demand for cars will increase the demand for auto workers.
• E)A decrease in interest rates increases the demand for housing.

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Definitions:

Empathy

Ability to put oneself in another person’s place and feel what the other person feels.

Middle Childhood

The developmental stage in children aged approximately 6 to 12 years, typically involving significant growth in cognitive, emotional, and social areas.

Empathic Parents

Caregivers who possess the ability to understand and share the feelings of their child, fostering a supportive and understanding family environment.

Erikson's Developmental Crisis

A concept identifying critical stages in human development, each presenting a distinct challenge or conflict that individuals must resolve to progress healthily.