The Market Price of a Factor of Production That Is

question 115

True/False

The market price of a factor of production that is in fixed is determined only by demand.

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Definitions:

Scanner Object

A Scanner Object in Java is used to parse primitive types and strings using regular expressions from an input source such as a file or standard input.

Console.nextInt

A method used in Java to read an integer input from the console.

Expression

A combination of variables, operators, and values that yields a result after computation.

||

A logical operator in programming that represents OR; used to combine two conditions, returning true if at least one of them holds true.