Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Derived Demand
B
Direct Demand
C
Inverse Demand
D
Independent Demand
Understanding the Answer
Let's break down why this is correct
Answer
The demand for additional bakers in the bakery is an example of derived demand for labor. This means that the need for bakers comes from the increase in demand for pastries, not from a direct need for bakers themselves. When more customers want pastries, the bakery needs to produce more, which requires hiring more bakers to meet that demand. For instance, if the bakery usually sells 100 pastries a day but sees an increase to 200 pastries due to customer requests, they will need to hire extra bakers to help make those additional pastries. Therefore, the increase in pastry demand drives the need for more bakers, illustrating how labor demand can depend on the demand for products.
Detailed Explanation
When more pastries are needed, the bakery needs more bakers. Other options are incorrect because Some might think direct demand means needing workers directly; Inverse demand suggests that as prices go up, demand goes down.
Key Concepts
Derived Demand for Labor
Market Demand
Employment Trends
Topic
Derived Demand for Labor
Difficulty
easy level question
Cognitive Level
understand
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