Which of the following best illustrates the concept of 'derived demand'?
A) an increase in the wages of abalone fishers will lead to an increase in the demand for fishing boats in boat factories
B) an abalone farm's decision to supply more abalone results from a decrease in the demand for station abalone
C) an increase in the price of fuel will lead to an increase in the demand for smaller fishing boats
D) an abalone fishing firm's decision to supply more abalone will lead to an increase in the demand for abalone fishers
Correct Answer:
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