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The Demand for Factors of Production Is Called a Derived

Question 63

Multiple Choice

The demand for factors of production is called a derived demand because it is:


A) derived from the demand for the outputs that are produced by the factors of production.
B) derived from the available supply of factors,such as land,that can be overexploited.
C) not easy to determine and must be derived by a technical (and often complicated) process.
D) derived on the basis of questions posed to residents during the census.

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