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The producer's demand for a factor of production is governed by...

This question belongs to Commerce Economics
Economics
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The producer's demand for a factor of production is governed by the ____ of the factor.

Answer & Solution
Correct Answer: Option B
The producer's demand for a factor of production is governed by the marginal productivity of the factor.
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Lakshay Khandelwal
Lakshay Khandelwal 8 years ago
With given demand curve an increase in supply will result in
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