Examlex
Marketers are increasingly emphasizing to consumers that their products are not only high-quality,but they also have no health risks and they do not damage the environment.This emphasis is consistent with which of the following concepts?
Factor of Production
A rephrased definition would be the essential elements required for producing goods and services, encompassing land, labor, capital, and entrepreneurship.
Derived Demand
The demand for a product or resource resulting from the demand for another product or service.
Outputs
Refers to the goods or services produced by a business or an economic system.
Factor of Production
An input used in the production of goods and services, including land, labor, capital, and entrepreneurship.
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