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Answer to Question #73075 in Microeconomics for christian
Question #73075
how demand of factors of production differs from the demand of good and services
Expert's answer
The demand for a factor of production is a derived demand, meaning that a firm’s demand for a factor of production is derived from its decision to supply a good in another market.
Source:
https://www.economicsguide.me/?page_id=977
Source:
https://www.economicsguide.me/?page_id=977
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