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    Price Theory and Applications
  4. Exam
    Exam 15: The Demand for Factors of Production
  5. Question
    Derived Demand for an Input Is the Process by Which
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Derived Demand for an Input Is the Process by Which

Question 2

Question 2

True/False

Derived demand for an input is the process by which individual firm's demand for labor are aggregated to get the industry demand for labor.

Correct Answer:

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