Which of the following statements is true?

Question

Quizplus · Accepted Answer

A) Derived demand for labor depends on the demand for the product labor produces. This statement is true as the demand for labor is derived from the demand for the goods and services produced by labor.
B) Unions can either increase demand or decrease the supply of labor. This statement is also true as unions can negotiate higher wages and better working conditions, leading to increased demand for labor. They can also restrict the supply of labor by negotiating exclusive hiring arrangements.
C) Investment in human capital is expected to increase the demand for those workers. This statement is also true as investment in human capital, such as education and training, can improve workers' skills and productivity, making them more valuable to employers and increasing demand for their services. 
Therefore, statement D) All of these is the correct choice.

Which of the Following Statements Is True