Which of the Following Best Illustrates the Concept of "Derived

question 95

Multiple Choice

Which of the following best illustrates the concept of "derived demand?"

• A)An increase in the wages of auto workers will lead to an increase in the demand for robots in automobile factories.
• B)An automobile producer's decision to supply more cars will lead to an increase in the demand for automobile production workers.
• C)An automobile producer's decision to supply more minivans results from a decrease in the demand for station wagons.
• D)An increase in the price of gasoline will lead to an increase in the demand for small cars.

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Definitions:

Aversive Conditioning

A form of behavioral therapy that involves using unpleasant stimuli to reduce or eliminate undesirable behaviors.

Cognitive Restructuring

A therapeutic process aimed at identifying and challenging negative thought patterns to alter unwanted behavior and emotions.

Industrialization

The process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods.

Mental Health Care

The provision of services and support to individuals dealing with psychological, emotional, or behavioral issues.