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Aline Rivera
on Nov 26, 2024

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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.
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Emily DuncanDec 02, 2024
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