The Demand for Factors of Production Is Called a Derived

question 63

Multiple Choice

The demand for factors of production is called a derived demand because it is:

• A)derived from the demand for the outputs that are produced by the factors of production.
• B)derived from the available supply of factors,such as land,that can be overexploited.
• C)not easy to determine and must be derived by a technical (and often complicated)process.
• D)derived on the basis of questions posed to residents during the census.

Explain how elasticity considerations influence pricing decisions in various sectors.

Understand the evolutionary basis for human fears and the concept of conditioned fears.

Identify and describe the characteristic features and brain activity associated with obsessive-compulsive disorder.

Understand the symptoms and classification of panic attacks.

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Definitions:

Stall RPM

The engine speed at which the torque converter or other coupling device can no longer transfer power to the drivetrain, causing the engine to stop or stall under load.

Cranking Motor RPM

The speed, measured in revolutions per minute, at which a starter motor turns the engine during the starting process.

Overrunning Clutch

A mechanical device allowing a shaft to turn in one direction freely but locks to prevent motion in the opposite direction, often used in starter motors.

Starter Drive Assembly

A component of the vehicle's electrical system that engages the engine's flywheel to start the engine.