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linv08 linv08
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A demand for a factor of production is said to be "derived" because the factor's demand depends

▸ heavily on government policy.

▸ entirely on corporate advertising.

▸ heavily on public choice.

▸ on the demand for the good or services it helps to make.

▸ entirely on the cost of the factor.
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Microeconomics

Microeconomics


Edition: 17th
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rpascuarpascua
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