nerdsy10
Answered

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Explain the demand and supply of resources.

Sagot :

joseem2

ANSWER :

The firm's demand for resources is derived from the demand for its product An increase in resource price increases the firm's overall cost. This reduces supply causing market price of output to rise. As product price rises, quantity demanded falls, and demand for all resources will fall.

- hopefully it works but just change some words :) in to ur own thoughts

Demand of resource is where they are determeinted by the products they had produced with a revenue by a certain worker...

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