It Is True of the Demand Side of the Market

question 107

Multiple Choice

It is true of the demand side of the market for input pricing that

• A)the same marginal productivity principle serves as the foundation for the demand schedule for each type of input.
• B)the demand schedule for one input cannot be determined independently of demand schedules for other inputs.
• C)the demand curve is the complete MRP curve.
• D)any inward shift in demand for a commodity will result in outward shifts in the demand curves for the inputs used to produce the commodity.

---

Definitions:

Esteem Needs

The need for respect—both self-respect and respect from others.