The Derived Demand And, Consequently, the Demand Curve for Labor

question 50

Multiple Choice

The derived demand and, consequently, the demand curve for labor are determined by

• A) labor's wage.
• B) labor's marginal revenue.
• C) the marginal cost of the input labor.
• D) labor's marginal revenue product.

---

Definitions:

Repression

A defense mechanism where unpleasant thoughts or desires are unconsciously excluded from consciousness.

Blocking Feelings

An emotional defense mechanism where an individual unconsciously or consciously avoids experiencing or expressing certain emotions.

Denial

A defense mechanism where an individual refuses to accept reality or facts, often to avoid uncomfortable emotions or truths.

Projection

A psychological defense mechanism where an individual attributes their own unacceptable thoughts, feelings, or motives to someone else.