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marysya [2.9K]
3 years ago
12

We say that the demand for labor is a derived demand because Multiple Choice labor is a necessary input in the production of eve

ry good or service. the forces of supply and demand do not apply directly to labor markets. we demand the product that labor helps produce rather than labor service per se. labor is hired using the MRP = MRC rule.
Business
1 answer:
kirza4 [7]3 years ago
7 0

Answer:

The correct answer is: we demand the product that labor helps produce rather than labor service per se.

Explanation:

The demand for inputs of production such as labor is called derived demand. This is because their demand is derived from the demand for goods that they are used to produce.

These inputs are used in the process of production.  The derived demand affects the price of derived goods.

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This refers to the buying and selling of goods or services with the main aim of making a profit.

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2 years ago
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Your company, a small start-up corporation, buys raw materials from Regina Fabrics on credit. Because her company has had severa
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Answer: See explanation

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This could have been solved if she didn't reject the cash that was offered to her company after two months, so there should be a formal documents that shows that she rejected the cash which should be acknowledged and signed by her. Also, the monthly payments received by her should be documented as well.

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3 years ago
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