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

question 67

Multiple Choice

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

• A) The demand for a firm's product is a function of the population demographics.
• B) Working more hours per week will increase the income derived from one's job.
• C) Factors that increase the demand for labor will increase the equilibrium wage.
• D) The wage that a worker earns is a function of his or her human capital.
• E) A firm's demand for college textbook study guide authors is linked to the supply of college textbooks.

---

Definitions:

Fahrenheit

A temperature scale in which water freezes at 32 degrees and boils at 212 degrees under standard atmospheric conditions.

Infrared Energy

Infrared Energy refers to a type of light energy invisible to the human eye, characterized by longer wavelengths than visible light, widely used in heating, night vision devices, and medical imaging.

Bradycardia

A slow heart rate; usually less than 60 beats per minute.