The Demand for a Factor of Production Depends on The

question 96

Multiple Choice

The demand for a factor of production depends on the:

• A) supply of the factor.
• B) supply of other factors of production.
• C) demand for other factors of production.
• D) demand for the products that it helps to produce.

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Definitions:

Ethical

Pertaining to morals, principles of right and wrong, or the philosophy regarding moral conduct.

Sales Clerk

A retail worker responsible for assisting customers, conducting sales transactions, and maintaining the sales floor's organization.

NASW Code of Ethics

A document that outlines the ethical principles and standards that guide the professional conduct of social workers, emphasizing principles like social justice, dignity and worth of the person, and the importance of human relationships.