Ask Question
BusinessBusiness
2 August, 17:40

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

+2
Answers (1)
  1. 2 August, 17:42
    0
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Resources have two factors that impact their demand curve. these two factors are ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Convenience products are Answers: a. frequently purchased items for which buyers are willing to exert considerable effort. b. frequently purchased items that are found in certain retail outlets. c.
Answers (1)
A young man buys a new stereo. Three years later, he decides that the stereo does not sound as good as the new stereos that are for sale, so he buys a new stereo. This is an example of which of these? 1. Marginal Utility 2. General Equilibrium 3.
Answers (2)
Prema has read many books about pregnancy. Each gives a different estimate for how many pregnancies end in miscarriage. Given what you know from your text, which estimate is MOST accurate? a. One-half b. One-third c. Less than 10% d. 75%
Answers (1)
Carl receives $6.10 an hour for the first 40 hours he works and time and a half for overtime. If he works 45 hours how much does he earn for the week
Answers (2)
Which of these cancellations of debt would be includable in income? Recourse debt. Nonrecourse debt. Debt cancellation intended to be a gift. Purchase price reduction.
Answers (1)
New Questions in Business
Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours.
Answers (1)
Chegg In year 1, the capital stock was 6, the labor input was 3, and output was 12. In year 2, the capital stock was 7, the labor input was 4, and output was 14. What happened to total factor productivity between the two years?
Answers (1)
A company's adjustment for uncollectible accounts at year-end would include a: Multiple Choice Debit to Bad Debt Expense. Credit to Accounts Receivable. Debit to Accounts Receivable. Debit to Allowance for Uncollectible Accounts.
Answers (1)
Explain the differences between transactional and relationship marketing. How do these differences lead to increasing emphasis on logistical performance in supply chain management
Answers (1)
In the context of investing, the term market refers to
Answers (1)
Home » Business » Resources have two factors that impact their demand curve. these two factors are
Sign Up Forgot Password?