What Is a Characteristic of the Demand for a Factor

question 50

Multiple Choice

What is a characteristic of the demand for a factor of production

• A)It is based on the supply curve of the product market.
• B)It is a derived demand.
• C)It is a differentiated demand.
• D)It is likely to be upward sloping, in violation of the law of demand.

---

Definitions:

Straight Bond

A fixed-income security that pays a fixed interest rate until maturity, at which point the principal is repaid; does not have any special features like convertibility or callability.

Coupon Rate

The annual interest earnings of a bond, represented as a percentage of its stated value.

Yield To Maturity

The total return expected on a bond if held to its maturity date, taking into account its current market price, interest payments, and face value.