Examlex

Solved

The Demand for Labour Is a Derived Demand

question 112

Essay

The demand for labour is a derived demand.Explain what is meant by the term 'derived demand.'
__________________________________________________________________________________________________________________________________________________________________________________________


Definitions:

Beta

An index for assessing the variation or inherent risk of a security or a portfolio as compared to the aggregate market.

Sharpe Measure

A metric used to evaluate the risk-adjusted return of an investment, calculating the difference between the returns of the investment and the risk-free rate, divided by the standard deviation of the investment’s returns.

Beta

A criterion for quantifying the instability or systematic risk of a security or a portfolio in contrast to the market as a whole.

Treynor Measure

A performance metric for determining how well an investment compensates the investor for taking a risk, adjusted for the risk-free rate.

Related Questions