The Demand for Labour Is a Derived Demand Because It

question 7

Multiple Choice

The demand for labour is a derived demand because it is derived from

• A)the demand for the output the labour produces.
• B)the supply of labour.
• C)union pressure.
• D)natural law.
• E)years of accumulated capital and technological advances.

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Definitions:

Family Farms

Small-scale farms operated primarily by the family members who own the land, focusing on the sustainability of agriculture over generations.

Export Of Fish

The international trade of fish and seafood products from one country to another.

Anne Hutchinson

A key figure in early American history, known for her role in the Antinomian Controversy, challenging the Puritan orthodoxy and advocating for religious freedom in the Massachusetts Bay Colony.