drodvold11 drodvold11
  • 03-10-2018
  • Business
contestada

explain the relationship between wages and derived demand

Respuesta :

Nonportrit
Nonportrit Nonportrit
  • 03-10-2018

Here is you're answer:

Wages is the amount of money a person gets paid for labor, derived demand is a demand for more money because of the increase of labor the workers have to do. To conclude the relationship between the two is that "if the worker gains more labor they would make a derived demand to increase their wage."

Hope this helps!

Answer Link

Otras preguntas

The Kennedy Middle School cafeteria charges students $3 for 1/6 of a pizza. What is the cost per pizza?
Describe the effects of weathering and mass movement on a cliffed coastline.
TRUE OR FALSE: when you have a credit card or loan, it is better to have higher interest rate
When a comet is observed for the first time, astronomers enter information about its position, size, and motion into computer simulations in order to OA predict
Write the least common multiple of 7 and 14
answer the question below
Cultures in several parts of the world differ primarily between practices and A. biology B. beliefs C. environment D. pace of life
Which statements describe both male and female reproductive systems? Select three options
There are 40 pens. 25 of them are red. What fraction of the pens are red?​
An aqueous solution contains 0.30 M potassium fluoride. One liter of this solution could be converted into a buffer by the addition of:_______. (Assume that t