Asked by matheus castro on Jun 22, 2024
Verified
Demand for the services of Los Angeles Dodgers' pitcher Clayton Kershaw is
A) horizontal.
B) unrelated to his true productivity.
C) an output demand.
D) derived from the demand for Los Angeles Dodgers' tickets when Kershaw plays.
Derived Demand
The demand for a good, service, or factor of production resulting from the demand for another good or service.
Los Angeles Dodgers
is an American professional baseball team based in Los Angeles, California, competing in Major League Baseball (MLB) as a member of the National League (NL) West division.
- Pinpoint the resultant demand for inputs driven by the demand for outputs.
Verified Answer
LN
Litsy NodarseJun 24, 2024
Final Answer :
D
Explanation :
The demand for Clayton Kershaw's services is derived from the demand for Los Angeles Dodgers' tickets, especially when he is playing. Fans' desire to see Kershaw pitch increases ticket sales, which in turn increases the demand for his pitching services. This is an example of derived demand, where the demand for a particular labor (Kershaw's pitching) is dependent on the demand for the product (Dodgers' games) that the labor helps to produce.
Learning Objectives
- Pinpoint the resultant demand for inputs driven by the demand for outputs.
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