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It Is True of the Demand Side of the Market

Question 107

Multiple Choice

It is true of the demand side of the market for input pricing that


A) the same marginal productivity principle serves as the foundation for the demand schedule for each type of input.
B) the demand schedule for one input cannot be determined independently of demand schedules for other inputs.
C) the demand curve is the complete MRP curve.
D) any inward shift in demand for a commodity will result in outward shifts in the demand curves for the inputs used to produce the commodity.

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