Question: 1. Derived demand is the demand for (LO1) a) final goods and services b) resources c) final goods as well as services and resources d)

1. Derived demand is the demand for (LO1) a) final goods

1. Derived demand is the demand for (LO1) a) final goods and services b) resources c) final goods as well as services and resources d) neither final goods and services nor resources 2. When the demand for wheat rises, the demand for farm labor (LO1) a) rises b) falls c) may rise or fall

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