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wrightjb wrightjb
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5 years ago

Question 1.

The demand for inputs is ________ because it depends on the demand for outputs.



▸ a secondary demand

▸ a derived demand

▸ inconsequential

▸ unrelated to cost

Question 2.

If a nail salon hires an additional worker, that worker can service 8 additional customers per day. The average nail service fee is $30. The most the salon would be willing to pay that groomer is



▸ $8 per day.

▸ $30 per day.

▸ $240 per day.

▸ indeterminate with the given information.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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DryPhantomDryPhantom
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Thanks for your help!!
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