The demand for factors of production is known as _______ demand.
A) primary
B) derived
C) implied
D) production
Correct Answer:
Verified
Q9: The factor of production called "land" can
Q10: The factors of production are the:
A)ingredients that
Q11: The relationship between the quantity of inputs
Q12: The factor of production called "labor" can
Q13: Derived demand:
A)is the sum total of all
Q15: If the demand for baseballs increases, it
Q16: If the demand for hand-sewn leather shoes
Q17: The marginal product of any input into
Q18: If the demand for hand-sewn leather shoes
Q19: In general, economists place all factors of
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