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trea48 trea48
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4 years ago

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.

Textbook 
InMicro

InMicro


Edition: 1st
Authors:
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joanametjoanamet
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4 years ago
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