ECO 365 Week 4 participation Derived Demand for Labor

Class,

Why is the demand of labor a derived demand? What is the relationship between productivity and the wages earned by employees where you work or at an organization with which you are familiar? What are some factors that determine the level of your income? Explain your answer.

Cite the source(s) used to answer this question. Provide the source(s) below your response and apply APA guidelines for references.