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

question 106

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 geographical factors.
• B) Working more hours per week will increase the income derived from one's job.
• C) Workers with higher levels of experience earn more, on average, than workers with lower levels of experience.
• D) The wage that a worker earns is a function of his or her human capital.
• E) A tractor manufacturer's demand for assembly line workers is inseparably linked to the supply of tractors.

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Definitions:

Variables

Containers in programming that store data values which can be changed during the execution of a program.

Ragged Array

A ragged array, also known as a jagged array, is an array of arrays where subarrays can have different lengths, allowing for a non-uniform structure.

Different Number

A term that may refer to any numeric value that is distinct from others in a specified set or context.

Program Action

Refers to any operation or set of operations carried out by a program or software in the course of its execution.