The demand for a resource is derived from the demand for the final product it helps to produce

a. True
b. False

A

Economics

You might also like to view...

If an individual had the option of receiving a cash transfer equal to the value of the housing subsidy, _____

a. they would be better off b. they could rent better housing than the public housing c. they could rent worse housing than the public housing d. all of the above e. a and b

Economics

In a market with an adverse selection problem:

A. one side of the market has better information about the goods than the other. B. the uninformed side of the market must choose from an undesirable selection of goods. C. some high-quality goods are sold, but fewer than would be sold in a market with perfect information. D. All of these

Economics