Attempts: Score: 1 6. Chapter se3sem05r, Section .11, Problem 025 Which of the f

Question

Attempts: Score: 1 6. Chapter se3sem05r, Section .11, Problem 025 Which of the following is not an example of a derived demand? O Increased interest in gardening during the spring leading to an increase in the demand for hoes and shovels bThe development of alternative fuels made from corn leading to an increase in the demand for corn Oc Strong ticket sales for a concert causing the producers to schedule an extra show and demand more ushers d. Increasing demand for music leading to the construction of more recording studios e. Increased use of robots leading to a decrease in the demand for labor

Explanation / Answer

The correct answer should be E. This does not entail an increase in the demand for other goods due to the rise in the demand of one good. The correct answer is E.

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