Which of the Following Is the Best Example of a Derived

question 41

Multiple Choice

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

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

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