Which of the Following Is the Best Example of a Derived

question 41

Multiple Choice

Which of the following is the best example of a derived demand?

• A)A decrease in interest rates increases the demand for housing.
• B)An increase in the wage rate causes firms to substitute capital for labour.
• C)An increase in demand for cars will increase the demand for auto workers.
• D)A decrease in the price of internet connection will increase the demand for tablet computers.
• E)An increase in the price of butter increases the demand for margarine.

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Definitions:

Benefits

Forms of value, other than payment, that are provided to the employee in return for their contribution to the organization, such as healthcare, retirement plans, and paid time off.

Successful Training

A training program that effectively enhances employees' skills and knowledge, contributing to organizational goals.

Reverse Cultural Shock

The distress or disorientation experienced by individuals when they return to their home culture after becoming accustomed to a different one, often unexpectedly finding re-adjustment challenging.

Repatriation Processes

The return of employees to their home country after completing international assignments, focusing on their adjustment and reintegration.