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Title: The demand for labor is described as a derived demand because Post by: treetreee on Oct 10, 2019 Question 1. Rio Tinto was able to introduce robotic machines into its mining operations because of developments in computer technology, the Global Positioning System (GPS), and robotics. The company's mining operations are an example of ________, in which devices directly communicate data to a computer without a person having to enter the data. ▸ Technological Singularity ▸ Artificial Intelligence ▸ the use of Big Data ▸ the Internet of Things Question 2. The demand for labor is described as a derived demand because ▸ it is derived from government institutions which rely on labor markets for the purpose of raising tax revenue. ▸ it is derived from the demand for products that use labor in the production process. ▸ it is derived by producers seeking to make profits by starting new businesses. ▸ it is derived by workers seeking to earn income to fund the consumption of goods and services. Title: The demand for labor is described as a derived demand because Post by: getdh on Oct 10, 2019 Content hidden
Title: The demand for labor is described as a derived demand because Post by: treetreee on Oct 10, 2019 Thanks
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