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Differences in Wages
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Problem 10
Differences in Wages
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15. Markets for the Factors of Production / Differences in Wages / Problem 9
Problem 9
What is derived demand in the context of labor markets?
A
Demand for labor that is independent of market conditions.
B
Demand for labor that is determined by government policy.
C
Demand for labor that is dependent on the demand for the goods and services produced.
D
Demand for labor that is based on the number of available workers.
0
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