WAEC Economics 2017 Objective — Question 9
Question 9 of 50 from the West African Examinations Council (WAEC) Economics 2017 Objective paper, with the correct answer and a full explanation.
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Which of the following is an example of derived demand?
- A. A. Textbook
- B. B. LabourCorrect
- C. C. Staple food
- D. D. Mobile phone
Explanation
Labour is said to be a derived demand because of what it can offer or contribute in the work place.
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