Examlex
The mumps and herpes simplex viruses are common examples of
Derived Demand
The demand for a factor of production or intermediate good that occurs as a result of the demand for another good or service.
Derived Demand
Demand for a factor of production or intermediate good that occurs as a result of the demand for another good or service.
Resource
An asset or input that is utilized in the production of goods and services, often categorized into natural, human, and capital resources.
MRP
Short for Marginal Revenue Product, it represents the additional revenue generated by employing one more unit of a factor, such as labor or capital.
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