Which of the Following Is Not an Example of Derived

question 163

Multiple Choice

Which of the following is not an example of derived demand?

• A)More people want to plant gardens in the spring; therefore, demand for hoes and shovels increases then.
• B)Strong ticket sales for a concert cause the producers to schedule an extra show and demand more ushers.
• C)Increased use of robots leads to a decrease in demand for labor.
• D)The development of alternative fuels made from corn leads to an increase in demand for corn.
• E)Increasing demand for music leads to the construction of more recording studios.

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Definitions:

Created by Statute

Formed or brought into existence by a formal law or statute.

Statute

A written law passed by a legislative body at either the federal or state level.

State Legislature

is the legislative body within a state that has the authority to make, amend, and repeal laws within that state.

Common Law

A legal system based on judicial decisions and precedents rather than statutory laws, primarily used in the UK and countries that were former colonies.