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Author Question: The term derived demand refers to A) a firm's estimated demand curve derived from sales data. ... (Read 514 times)

littleanan

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on: Jun 29, 2018
The term derived demand refers to
 
  A) a firm's estimated demand curve derived from sales data.
  B) the demand for a factor of production that is derived from the demand for the good the factor produces.
  C) the demand for financial products called derivatives.
  D) a demand curve that derives from the availability of resources.

Question 2

Suppose that homemakers are included as employed in the labor force statistics, rather than being counted as out of the labor force. This would
 
  A) increase the measured labor force participation rate.
  B) increase the measured unemployment rate.
  C) decrease the number of persons in the working-age population.
  D) decrease the number of persons in the labor force.


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billybob123

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


littleanan

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

chereeb

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Reply 3 on: Yesterday
Excellent

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