Multiple Choice
A recent decline in interest rates made home construction more affordable for many families.The consequent increase in construction produced a rightward shift in the demand curves for construction materials.Economists would say that the change in demand for materials is due to
A) the principle of marginal productivity.
B) rent seeking.
C) diminishing marginal returns.
D) derived demand.
Correct Answer:
Verified
Correct Answer:
Verified
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