Solved

According to the Output Effect of a Factor Price Increase

Question 97

Multiple Choice

According to the output effect of a factor price increase, the demand for


A) the factor whose price has increased will decrease, but the demand for the other factors will increase.
B) all factors decreases.
C) all factors increases.
D) the factor whose price has increased will increase, but the demand for the other factors will decrease.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents