Factor Demand Is Based on

question 38

Multiple Choice

Factor demand is based on

• A)marginal productivity theory.
• B)the law of supply.
• C)game theory.
• D)the principle of economies of scale.

---

Definitions:

Elected President

An individual who has been formally chosen through a voting process to hold the presidential office in a nation or organization.

Republic

A form of government in which power resides with elected individuals representing the citizen body and government leaders exercise power according to the rule of law.

Sitting on a Man

A traditional form of protest among the Igbo people, where women publicly shame a man to settle grievances.

Igbo Women

Female members of the Igbo people, an ethnic group primarily located in southeastern Nigeria, with distinct social, cultural, and historical identities.