Which of the Following Is an Example of Derived Demand

question 73

Multiple Choice

Which of the following is an example of derived demand?

• A) Economic actions that decrease labor demand will lower wages.
• B) More highly educated workers earn more than less-educated workers.
• C) Garment industry demand for workers who sew depends on the number of garments produced.
• D) A lower price for pencils will lead to fewer pencil workers.
• E) A citrus disease will raise citrus fruit prices,leading to more fruit produced by plantations not affected by the disease.

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Definitions:

Concrete Operational Skills

Cognitive abilities in children aged 7 to 12, allowing logical thinking about concrete events.

Transitive Influence

The capacity to affect changes in others or situations through direct or indirect action or communication.

Seriation

A type of classification that involves ordering objects in a series according to a physical dimension such as height, weight, or color.

Yin And Yang

Fundamental concepts in Chinese philosophy and culture, representing the notion that opposite forces are interconnected and interdependent in the natural world.