Resources have two factors that impact their demand curve. these two factors are

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Arturo Ingram

Business

2 August, 17:40

Resources have two factors that impact their demand curve. these two factors are

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Galloway · Answer 1

The demand curve shows the amount of a product that consumers are willing and able to buy at each possible price.

Resources have two factors that impact their demand curve. These two factors are the price of the product made by the resource and the productivity of the resource. The productivity of the resource denotes the output (expressed either as units produced or as economic value) per unit of resource input.