The demand for labour in response to the wage rate is ______ whereas the demand for same labour in response to the price of electronic goods where…
CA Foundation · Business Economics · MTP · January 2026
The demand for labour in response to the wage rate is ______ whereas the demand for same labour in response to the price of electronic goods where labour enters as an input is ______.
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. Direct Demand, Derived Demand
Topics: Theory of Demand and Supply
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