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18 November, 11:27

The demand for airline pilots results from the demand for air travel. this fact is an example of: resource substitutability. rising marginal resource cost. elasticity of resource demand. the derived demand for labor.

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  1. 18 November, 11:37
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    The demand for airline pilots results from the demand for air travel. This fact is an example of the derived demand for labor. Derived demand describes a situation in which the demand of something causes demand for something else. Due to the growing demand of travel by air, the need for pilots grows as well.
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