Which of the Following Is an Example of a Firm's

question 77

Multiple Choice

Which of the following is an example of a firm's derived demand?

• A)The wage that a worker earns is a function of her human capital.
• B)A firm's demand for college textbook study guide authors is inseparably linked to the supply of college textbooks.
• C)Factors that increase the demand for labor will increase the equilibrium wage.
• D)All of the above are correct.

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Definitions:

Reliable

The quality of being consistently good in performance, accuracy, or dependability.

Selection Device

Tools or methods used in the hiring process to evaluate and choose the best candidates for a position based on specific criteria and competencies.

EEOC

The Equal Employment Opportunity Commission, a federal agency in the United States responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee because of the person's race, color, religion, sex (including pregnancy, transgender status, and sexual orientation), national origin, age (40 or older), disability, or genetic information.

Coaching

A process aimed at improving an individual's skills, performance, or personal development through guidance and support.