Which of the Following Is an Example of Derived Demand

By Ra_Natalya253 17 Apr, 2022 Post a Comment

The basic tools of supply and demand apply to. Which of the following is an example of derived demand.

Solved Which Of The Following Is An Example Of Derived Chegg Com

Punineep and 1 more users found this answer helpful.

. Nurser accepts a job only if he or she gets 4 weeks of vacation D. The demand for nails affects the demand for saws. When news of gold at Sutters Mill spread prospectors rushed to the area.

Offering flexible work schedules because this is what workers with family responsibilities want. Increased use of robots leads to a decrease in demand for labor. Derived demand is related solely to.

The co-op faces an increased demand for organic fruits. Gardening stores fire half their workers causing service to get worse. AIncreased demand for overnight delivery speeds up orders for new delivery trucks.

Several of the animated films released between 1999 and 2001 failed to earn a profit which caused some companies to stop making these films thereby decreasing the demand for animators. Which of the following is not an example of a derived demand. The demand for accountants affects the demand for accounting services.

For example the demand for building is a direct demand and demands for cement bricks sand timber labor etc are called as derived demands. The market supply curve of a resource is. As the price paid to a resource increases resources will shift from other resource markets to this one.

As people let their hair grow longer fewer people become barbers. Economics questions and answers. Which of the following is not an example of derived demand.

As the demand for hot dogs increases the demand for hot dog buns increases. There is a sudden surge in the demand for real estate. Waiter demands higher wages from his manager C.

For example the demand for building is a direct demand and demands for cement bricks sand timber labour etc are called as derived demands. Which of the following is the best example of a derived demand. The greater the economic rent as.

More construction workers are needed because more people can afford to buy a new house. A decrease in the price of internet connection will increase the. Which of the following is an example of a firms derived demand.

Examples of Derived Demand. Factors that increase the demand for labor will increase the equilibrium wage. The theory of derived demand is as old as commerce itself.

An early example was the pick and shovel strategy during the California Gold Rush. Clothing factory hires an efficiency expert to improve production B. A decrease in interest rates increases the demand for housing.

As the demand for hot dogs increases the demand for hot dog buns increases. Bauxite that can only be refined into aluminum. Please check contributions posted by others below.

Which of the following is an example of derived demand. Option B Explanation No official explanation is available for this question at this time. Correct option is A Whenever several items are required to make a particular commodity the demand for various commodities is termed as the Derived Demand.

Which of the following is an example of derived demand. An increase in demand for cars will increase the demand for auto workers. An increase in the wage rate causes firms to substitute capital for labour.

The demand for kitchen renovation affects the demand for carpenters. Which of the following is an example of derived demand. One of the examples observable in the industrial unit is the demand for input products in line with the increase in the output level.

Sales for bathing suits jump in the summer especially in hotter regions. For instance when an industrial unit of a firm increases its output due to the rise in market demand there will be a substantial increase in demand for inputs like energy or electricity used in the production. Derived demand is an economic term that refers to the demand for a good or service that results from the demand for a different or related good or service.

A school hiring more teachers because the schools enrollment increased. The demand for hot dogs during the summer is affected by the supply of hot dogs. A portion of a resources earnings that exceeds its opportunity cost is called.

Which of the following would be examples of derived demand. Which of the following is an example of derived demand. A decrease in the prices of oranges has led to more orders of orange juice.

Which of the following is an example of derived demand. Which of the following is an example of derived demand. Jim produces 20 jackets a day in his garment factory and hires labor used to produce that profit maximizing quantity.

Question 1 Which of the following is not an example of labor being a derived demand. Offering flexible work schedules because customers with family. What is a derived demand example.

Which of the following is not an example of derived demand. Economics questions and answers. O I and II only o I and III only.

Most firms earn a normal profit in the long run. The supply of the meat that goes into hot dogs will affect the quantity demanded of the meat during the summer. Whenever several items are required to make a particular commodity the demand for various commodities is termed as the Derived Demand.

Up to 256 cash back Which of the following is an example of derived demand. The demand for workout videos affects the demand for treadmills. QuestionWhich of the following is an example of derived demandOptionsATax reliefBLabourCWage increaseDEntertainment.

Which of the following is an example of a firms derived demand. As consumers buy more computers they demand more. As demand for hot dogs increases during the summer the demand for the meat that goes into.

The wage that a worker earns is a function of her human capital. An increase in airfare prices has not had much of an effect on demand for business travelers. A firms demand for college textbook study guide authors is inseparably linked to the supply of college textbooks.

However to get the gold from the ground the prospectors needed picks shovels gold pans and dozens of. A tractor manufacturers demand for assembly-line workers is inseparably linked to the supply of tractors. More people working at the movie theatre on Friday night because attendance increased.

As more high school graduates go on to college more professors are hired. The less elastic the resource supply.

Solved Question 2 1 Pts Which Of The Following Would Be An Chegg Com