If the price of a product produced by an input decreases,the quantity demanded,but not demand,for the input will also decrease.

Name: If the price of a product produced by an input decreases,the quantity demanded,but not demand,for the input will also decrease.
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Question

Quizplus · Accepted Answer

If the price of a product decreases, the quantity demanded for the product may increase, leading to an increase in the demand for the input used to produce it, not a decrease.

If the Price of a Product Produced by an Input