Labour Demand Is Considered a Derived Demand Because Producers Do

question 237

True/False

Labour demand is considered a derived demand because producers do not demand labour for itself but only because labour is used to produce output that consumers desire.

---

Definitions:

Rubber Band

A stretchable loop of rubber used for holding items together.

Interrupting

The act of breaking the continuity of someone's speech or activity without permission or invitation.

Anger

A strong feeling of annoyance, displeasure, or hostility, which can vary in intensity and be provoked by perceived wrongs or frustrations.

Hot Stove

An analogy often used in discipline, suggesting that, like touching a hot stove and experiencing immediate consequence, consequences of actions should be immediate, clear, and consistent.