The Demand for a Factor of Production Is Called a Derived

question 109

Multiple Choice

The demand for a factor of production is called a derived demand because it is derived from

• A) the demand for goods and services produced by the factor of production.
• B) a table of specific prices and quantities.
• C) the ideas of an entrepreneur.
• D) a financial market.
• E) the supply of the factor of production.

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Definitions:

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