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    Microeconomics Study Set 45
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    Exam 16: The Demand for Resources
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    The Demand for Capital by a Firm Is Based on the Demand
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The Demand for Capital by a Firm Is Based on the Demand

Question 55

Question 55

Multiple Choice

The demand for capital by a firm is based on the demand for the product that the capital produces. This relationship is referred to as


A) product demand.
B) derived demand.
C) resource utilization.
D) cost minimization.

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