A Determinant of the Demand for a Factor of Production

question 154

Multiple Choice

A determinant of the demand for a factor of production is the:

• A) price of the factor.
• B) productivity of the factor.
• C) quantity of the factor supplied.
• D) compensating differential.

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Definitions:

Ethical Issue

A problem or situation that requires a person or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).

Human Rights

The basic rights and freedoms to which all humans are considered entitled, often upheld by law, including civil, political, economic, social, and cultural rights.

Policing Policies

Guidelines and rules that govern the practices and procedures used by law enforcement agencies.

Moral Thinking

The process of evaluating actions, policies, or issues based on concepts of right and wrong.