Multiple Choice
If the demand for a good increases,the demand for the factors used to produce the good
A) increases.
B) decreases.
C) stays the same.
D) could increase, decrease, or stay the same depending on whether the demand for the good is elastic, inelastic, or unit elastic.
E) None of the above answers is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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