The Demand For Labor

The Demand For Labor

ByHomework Help Classof1

This ebook may not meet accessibility standards and may not be fully compatible with assistive technologies.
"The demand for labor and other productive inputs is different from the demand for consumer products such as iPods, books, haircuts, and pizza. Firms use workers to produce the products demanded by consumers, and so economists say that labor demand is a derived demand. That is, it is determined by, or derived from, the demand for the products that workers produce. "

Details

Publication Date
Apr 30, 2013
Language
English
Category
Education & Language
Copyright
All Rights Reserved - Standard Copyright License
Contributors
By (author): Homework Help Classof1

Specifications

Format
PDF

Ratings & Reviews