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Author Question: The demand for a productive resource, not for its own sake, but for use in the production of goods ... (Read 38 times)

CORALGRILL2014

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on: Jun 29, 2018
The demand for a productive resource, not for its own sake, but for use in the production of goods and services is called a ________.
 
  A) goods and services demand
  B) production demand
  C) derived demand
  D) resource demand

Question 2

When demand increases, the equilibrium price ________ and the equilibrium quantity ________.
 
  A) rises; decreases
  B) falls; decreases
  C) rises; increases
  D) falls; increases


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fffftttt

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


CORALGRILL2014

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Reply 2 on: Jun 29, 2018
Wow, this really help

triiciiaa

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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