Which of the following is not an example of derived demand?
A) More people want to plant gardens in the spring; therefore, demand for hoes and shovels increases then.
B) Strong ticket sales for a concert cause the producers to schedule an extra show and demand more ushers.
C) Increased use of robots leads to a decrease in demand for labor.
D) The development of alternative fuels made from corn leads to an increase in demand for corn.
E) Increasing demand for music leads to the construction of more recording studios.
Correct Answer:
Verified
Q2: What is true along the demand curve
Q3: An author who writes newspaper columns for
Q4: In the resource market, firms demand resources
Q5: As the price of a resource (e.g.,
Q6: The resource market is different from the
Q7: Derived demand refers to
A)demand curves derived from
Q8: If the demand for tacos increases,
A)the supply
Q9: The market demand curve for a resource
Q10: Because it is based on the demand
Q125: As the price of land decreases along
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