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7 February, 23:28

The demand for labor is described as a derived demand because : A) it is derived by workers seeking to earn income to fund the consumption of goods and services. B) it is derived by producers seeking to make profits by starting new businesses. C) it is derived from government institutions which rely on labor markets for the purpose of raising tax revenue. D) it is derived from the demand for products that use labor in the production process.

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  1. 7 February, 23:41
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    D) it is derived from the demand for products that use labor in the production process.

    Explanation:

    When consumers want a product, demand for that product goes up. Since you need labor to make that product, demand for the labor goes up as well. They are connected, so one is derived from (comes from) the other.
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