The demand for goods and services is called ____ demand,while the demand for resources is called ____ demand.
A) derived;derived
B) final;final
C) final;derived
D) derive;final
Correct Answer:
Verified
Q1: Q2: Workers in one country are more productive Q3: White-collar employment has risen sharply since the Q4: The additional revenue obtained by selling the Q5: The firm will rent more and more Q7: A firm will continue hiring labor as Q8: The optimum resource mix for a firm Q9: As output rises, Q10: The substitution effect and the output effect Q11: The additional output that one additional input
A)both marginal revenue product and
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