Solved

Which Would Decrease a Firm's Demand for a Particular Resource

Question 60

Multiple Choice

Which would decrease a firm's demand for a particular resource?


A) A decrease in the productivity of the resource
B) A decrease in the price of the particular resource
C) An increase in the demand for the firm's product
D) An increase in the price of the product the resource produces

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q14: In monopsony situations, a minimum wage might

Q55: Craft unions typically attempt to increase wage

Q58: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4893/.jpg" alt=" Refer to the

Q59: If all firms in an industry are

Q61: Geographic immobility in the labor force results

Q62: If the wage rate in a purely

Q63: Discrimination that results in minorities being paid

Q64: Other things being equal,the demand for a

Q65: Why is the demand for labor referred

Q165: If two resources are complementary, an increase