Question

Demand for labour is direct demand. (State whether the statement is TRUE or FALSE)

Answer 1

Yes, it is true i.e. demand of labour is direct demand.

Answer 2

The statement given here is False.

The demand for labor is based on the concept of Demand and supply concept of economics.

For example if demand for the products of a firm increases then demand of labor demand will automatically increased by the firms because they will need more workers to manufacture goods.