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Diana Perez
on Nov 16, 2024

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A firm's demand for labor is derived from its decision to supply a good in another market.

Derived Demand

The demand for a commodity, service, etc., that is a consequence of the demand for something else.

  • Understand the derivation of a firm’s demand for labor from its decision to supply goods.
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AJ
Armando JimenezNov 23, 2024
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