Input Demand Is Called Derived Demand Because

question 13

Multiple Choice

Input demand is called derived demand because

• A)demand for an input is derived from demand for the product or service it produces.
• B)demand for an input is derived from its availability in the input market.
• C)demand for the output produced is also derived from consumer demand.
• D)input demand actually determines how much output is produced.

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Definitions:

Cerumen

A yellowish waxy substance secreted in the ear canal, commonly known as earwax.

Auricle

Another term for the external portion of the ear; it collects sound waves and directs them into the ear canal.

Tympanic Membrane

The thin membrane that separates the external ear from the middle ear, commonly known as the eardrum.

Ossicles

The three smallest bones in the human body, located in the middle ear, responsible for transmitting sound vibrations from the ear drum to the inner ear.