question archive 1)Why is the demand for labor considered a derived demand? 2)There are people who absolutely must have the latest fashions

1)Why is the demand for labor considered a derived demand? 2)There are people who absolutely must have the latest fashions

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1)Why is the demand for labor considered a derived demand?

2)There are people who absolutely must have the latest fashions. Classify them as probably having elastic or inelastic demand.

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