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Explain how the market for opticians is affected as a result of the development of laser technology ...

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Explain how the market for opticians is affected as a result of the development of laser technology ...

Question 1.

The demand for labor is a derived demand. Explain what is meant by the term "derived demand."

Question 2.

Explain how the market for opticians is affected as a result of the development of laser technology which reduces the demand for glasses and contact lenses. In your explanation be sure to show the connection between the market for glasses and contact lenses and the market for opticians.

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InMicro

Edition: 1^st

Authors: Hubbard, O'Brien

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