Examples of derived demand for labor can be seen everywhere. The amazing demand for gourmet brewed coffee leads to an equally-amazing demand for gourmet coffee brewers and servers called baristas. Conversely, as the U.S. demand for coal used to generate electricity has declined, the demand for ...
Demand for a good by the consumers for their consumption is called direct demand, whereas, demand for a good which is not used for direct consumption... Learn more about this topic: Demand in Economics | Definition & Examples from Chapter 7/ Lesson 1...
Derived demand is related solely to thedemandplaced on a good or service for its ability to acquire or produce another good or service. Derived demand can be spurred by what is required to complete the production of a particular good, includingcapital, land, labor, and necessaryraw materials. ...
Economists call the demand for a resource a derived factor demand. Explain what the term derived means in derived factor demand. Describe demand function. The demand for labor is said to be a "derived" demand. What is the meaning of a derived demand? How does this concept help to determine...
(UNCTAD and FAO2023). The seaweed business has grown significantly thus far, providing a wide range of prospects for future expansion, particularly for women who are increasingly involved in labor—intensive production and processing. Since more seaweed production may help to the people, environment,...
A series of interviews with managers of Italianincinerationplants allowed the definition of a clearer picture of this sector, in particular for what concerns management of APC residues. The first element that resulted from the interviews is that, due to their high tendency toward leaching, APC resi...
Despite their numerous benefits, ADEVs present significant challenges in clinical applications, such as limited targeting efficacy and vulnerability to immune cell phagocytosis. Additionally, the procedure for isolating and purifying ADEVs is time-consuming and labor-intensive. ADEVs demonstrate considerable va...
Powdered postbiotics (such as spray, freeze, or air-dried forms) are more appropriate for all kinds of foods, including grains or legumes, whereas liquid postbiotics are not compatible with solid foods. However, the process of powdering can raise costs and involve labor-intensive procedures and...
Answer to: The demand for labor is a. derived demand. b. featherbedding demand. c. marginal utility demand. d. All of the answers above are...
The demand for labor is ___ demand. a. an upward-sloping b. a derived c. a household d. a marginal Labor Market: The labor market is a virtual market where the employers i.e firms and the prospective laborers who are looking for employment meet. The...