drodvold11 drodvold11
  • 03-10-2018
  • Business
contestada

explain the relationship between wages and derived demand

Respuesta :

Nonportrit
Nonportrit Nonportrit
  • 03-10-2018

Here is you're answer:

Wages is the amount of money a person gets paid for labor, derived demand is a demand for more money because of the increase of labor the workers have to do. To conclude the relationship between the two is that "if the worker gains more labor they would make a derived demand to increase their wage."

Hope this helps!

Answer Link

Otras preguntas

What are the exact solutions of sin2x+sinx-2cox-1=0?
Mary can clean the house in 6 hours. Her younger sister Ruth can do the same job in 9 hours. In how many hours can they do the job if they work together?
What was a primary reson for the revenue popularity of the ku linux klan?
You are going on a road trip over a distance of 300030003000 kilometers with three friends. The car consumes 666 liters of gas per 100100100 kilometers and gas
Will give brainliest, rating, and thanks! <3
The alternative to encapsulating security protocol (esp) is _________.
Explain the differences between barrier and hormonal contraceptives
The graph below shows the distances in miles traveled by a helicopter in a certain number of hours. Based on the graph, which of the following equations indicat
Is ABC ~ DEF? If so, name which similarity postulate or theorem applies?
Why did Lincoln agree to set aside the Anaconda Plan in favor of McClellan’s strategy? A.He was receiving political pressure from his constituents. B. He was