Asked by
Aline Rivera
on Nov 26, 2024Verified
The demand for airline pilots results from the demand for air travel. This fact is an example of
A) resource substitutability.
B) rising marginal resource cost.
C) elasticity of resource demand.
D) the derived demand for labor.
Derived Demand
Demand for a good or service that arises from the demand for another good or service.
Airline Pilots
Trained professionals who operate aircraft, navigating flights across various distances.
Air Travel
The act of transportation by aircraft, including commercial flights, private planes, and other forms of flying.
- Identify the secondary characteristic of labor demand and its reliance on the demand for products.
Verified Answer
ED
Learning Objectives
- Identify the secondary characteristic of labor demand and its reliance on the demand for products.