Finance Questions? Ask a Financial Expert for Answers ASAP
Thanks for your question. The answers are:
1. c. the consumer demand for the final product produced by labor. If demand for the firm's output increases, the firm will demand more labor and will hire more workers. Therefore, the demand for labor is a derived demand.
2. In the United States what is The distribution of income per person by selected household characteristics most affected by? the amount of education that the individual household worker has obtained.
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