Because a firm's demand for a factor of production is derived from its decision to supply a good in the market,it is called a

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The demand for a factor of production is derived from the firm's decision to supply a good in the market. This is because the factor of production is needed in order to produce the goods that the firm wants to sell. Therefore, it is called "derived" demand. Choice A is incorrect because "differentiated demand" refers to the demand for a specific brand or version of a product, not the demand for a factor of production. Choice B is incorrect because "secondary demand" refers to the demand for goods and services that are used to support the production or distribution of other goods and services, not the demand for a factor of production. Choice D is incorrect because "hybrid demand-supply" is not a recognized economic term.

Because a Firm's Demand for a Factor of Production Is