The economic concept of derived demand

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Which of the following statements best illustrates the economic concept of derived demand?

A. The number of workers hired depends on the wage that a company must pay.

B. Students work because they need income to purchase books, pizza, and CDs.

C. The wage demands of workers depend on a company's profitability.

D.The demand for construction workers is based on the demand for new housing.

Reference no: EM131101526

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