The demand for airline pilots results from the demand for air travel. this fact is an example of: resource substitutability. rising marginal resource cost. elasticity of resource demand. the derived demand for labor.
The demand for airline pilots results from the demand for air travel. This fact is an example of the derived demand for labor. Derived demand describes a situation in which the demand of something causes demand for something else. Due to the growing demand of travel by air, the need for pilots grows as well.
