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 ...
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...
What is the difference between demand, effective demand and aggregate demand? Why is the demand for the factors of production called derived demand? What is meant by "cross elasticity of demand" (CED)? Define the following term and give its significance: Demand curve. The deman...
Meanwhile, Mexican hourly wages appear as a substitute of United States labor demand, with a coefficient approaching an elastic value. Far from any complementariness, wage divergences appear to be instrumental for the incidence of Mexican labor in United States manufacturing production workers. 展开 ...
(PMMA) EBL resist layer. To prevent resist and substrate charging during the e-beam exposure, a phenomenon leading to deformations of the nanoscale antenna definition, the PMMA resist layer was coated with a thin (5 nm) Cr layer. Such charge compensation layer was then removed right after ...
A series of interviews with managers of Italian incineration plants 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 ...
Explain the meaning of derived demand. Discuss an instance where a resource's demand changed in our economy and explain why. What exactly is meant by the terms demand and supply? How do they relate? The demand for labor is said to be a "derived" demand. What is the meaning of a deriv...
Although these models have provided a step from accidental to rather intentional coastal engineering they are relatively labor intensive and computationally expensive—especially when such studies aim to cover mesoscale or larger areas. In a blind-tested comparison of shoreline prediction models, ref. [...
Why is the demand for the factors of production called derived demand? Economists call the demand for a resource a derived factor demand. Explain what the term derived means in derived factor demand. The demand for labor is said to be a "derived" demand. What is the mea...