Demand for Inputs Is a Derived Demand Because

question 40

Multiple Choice

Demand for inputs is a derived demand because:

• A)it is derived from the need for income.
• B)it corresponds to the derived supply of the inputs.
• C)the demand for output leads producers to demand inputs.
• D)of the diminishing marginal product of inputs.
• E)of the diminishing returns to scale in production.

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