As an Industry's Output Increases,the Industry's Demand for the Inputs

question 143

True/False

As an industry's output increases,the industry's demand for the inputs that it uses will also increase.

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Definitions:

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Communities that develop around coal mines, where mining for coal is the primary industry supporting the local economy and population.

Company "Scrip"

A type of currency issued by a company to its employees or contractors, typically redeemable only at company-owned stores or facilities, leading to worker dependence.

Free Healthcare

A healthcare system where medical services are provided to individuals at no direct cost, often funded through taxation or governmental organizations.

Farmer's Alliance

A late 19th-century movement in the United States aimed at improving the economic conditions for farmers through cooperative actions and political advocacy.