question archive Derived demand for labor means that when a firm hires labor, it has to derive its demand: A) mathematically

Derived demand for labor means that when a firm hires labor, it has to derive its demand: A) mathematically

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Derived demand for labor means that when a firm hires labor, it has to derive its demand:

A) mathematically.

B) based on the labor supply.

C) from the demand for the product that the labor produces.

D) based on the minimum wage.

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