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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Definitions:

Employee Engagement

The emotional investment and commitment employees have towards their organization and its goals.

International Study

The academic analysis or research of global issues, or an educational program designed for students to study abroad and gain cross-cultural experience.

Media Match

The principle of aligning the characteristics of a media platform with the intended message or audience for optimal communication effectiveness.

Radio Shack

A retail chain that was historically known for selling electronics parts and products, encountering significant business challenges in the digital age.