Question: Which example illustrates derived demand? (A) Consumers increase their purchases of corn tortillas, so the price of corn rises. (B) Technology makes wheat production more
Which example illustrates derived demand?
(A) Consumers increase their purchases of corn tortillas, so the price of corn rises.
(B) Technology makes wheat production more efficient, so the output of wheat flour increases.
(C) Workers move from country A to country B in search of economic opportunities.
(D) A truck factory shuts down after workers go on strike.
(E) A heat wave causes the sugar beet price to rise on the market.
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