Answered: The demand for labor isa. derived…

The demand for labor isa. derived demand.b. featherbedding demand.c. marginal utility demand.d. All of the answers above are correct.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter10: Labor Markets And Income Distribution

Section: Chapter Questions

Problem 2SQ

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Question

The demand for labor is
a. derived demand.
b. featherbedding demand.
c. marginal utility demand.
d. All of the answers above are correct.

Definition Definition Satisfaction derived from the consumption of an additional unit of any commodity.

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