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Author Question: Because it is based on the demand for products, the demand for labor is called a. a substitution ... (Read 13 times)

silviawilliams41

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Because it is based on the demand for products, the demand for labor is called
 a. a substitution demand
  b. a complementary demand
  c. an income demand
  d. a derived demand
  e. a marginal demand

Question 2

The socially efficient level of output is determined where
 a. marginal social cost equals marginal social benefit
  b. marginal private cost equals marginal social benefit
  c. average social cost equals average social benefit
  d. average private cost equals average social benefit
  e. total social cost equals total social benefit



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yahahah24021

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Answer to Question 1

D

Answer to Question 2

A





 

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