The demand for a factor of production depends largely on the
A) supply of the factor.
B) supply of other factors of production.
C) demand for other factors of production.
D) demand for the products that it helps to produce.

Question

Quizplus · Accepted Answer

The demand for a factor of production is derived from the demand for the products it helps to produce. If the demand for the product increases, the demand for the factor will also increase.

The Demand for a Factor of Production Depends Largely on the