Factor Demand Is Said to Be a Derived Demand Because

question 114

True/False

Factor demand is said to be a derived demand because it depends on product demand.

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Definitions:

Senses

The physiological capacities of organisms that provide data for perception, including sight, sound, taste, touch, and smell.

Sexual Satisfaction

The state or feeling of fulfillment and pleasure attained from sexual activities.

Power Equally

Power Equally emphasizes the balanced distribution of control, influence, and authority among all members within a group or society.

Commitment

A promise or firm decision to do something or to be loyal to a cause or individual, often requiring dedication and hard work.