MCQOPTIONS
Saved Bookmarks
| 1. |
The demand for labour by a firm is a derived demand because it depends upon - |
| A. | The demand for goods and services that labour helps to produce |
| B. | Thee degree of substitution between labour and other factors of production |
| C. | The demand for other factors of production |
| D. | The elasticity of demand for labour |
| Answer» B. Thee degree of substitution between labour and other factors of production | |