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

Write an equation that represents the area of Shannon’s garden
What is the author's likely purpose for the narrator's lengthy and changing descriptions of the wallpaper in the yellow wallpaper?
You borrow 18,000 to buy a new car. You will pay 3,420$ In simple interest at the end of 6 years. What is the annual interest rate on your purchase?
Which programming component provides a temporary, named storage location in computer memory that cannot change during program execution?
solve this quadratic equation by completing the square x^2+8x=10
Debbie and Dave share 75 smarties in the ratio 8 : 7 . How many smarties do they each get? Debbie : Dave :
What does axis 1 in psychological disorders classify
plz help ill give brainlist to you
Find the value of this expression if x=3 #Algebra2
In a 100 capitalist structure the owners are offered what advantages