Which statement is true?
A) A change in derived demand brings about a change in final demand.
B) A change in final demand brings about a change in derived demand.
C) A rise in final demand is associated with a decline in derived demand.
D) None of these statements are true.
Correct Answer:
Verified
Q9: As output rises,
A)both marginal revenue product and
Q10: The substitution effect and the output effect
Q11: The additional output that one additional input
Q12: Productivity is _ per unit of _.
A)output;input
B)input;output
C)labor;capital
D)None
Q13: More complementary resources would tend to
A)raise the
Q15: How much of a resource a firm
Q16: A fall in the demand for the
Q17: A rise in the wage rate would
Q18: You can find the MRP by multiplying
Q19: In general,the MRP _ as output increases.
A)declines
B)rises
C)stays
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