A Factor Demand Curve Will Shift Because

question 83

Multiple Choice

A factor demand curve will shift because:

• A)of a change in the price of the good the factor produces.
• B)the elasticity of demand for the final product is high.
• C)of a change in the proportion of the factor's cost relative to total cost.
• D)the slope of the MP curve is negative.

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Definitions:

Parallel Evolution

Refers to independent evolution of similar traits, starting from a similar ancestral condition.

Placental Mammals

Mammals that give birth to live, fully developed young that have been nourished in the womb via a placenta.

Marsupial Mammals

A group of mammals characterized by giving birth to relatively undeveloped offspring which typically continue to develop in a pouch on the mother's body.

Uterus

The reproductive organ in female mammals where fertilized eggs implant and develop into a fetus.