Register
Explain the demand and supply of resources.
528,975 views
36 votes
36 votes
Explain the demand and supply of resources.

User Strocknar
by
3.0k points

2 Answers

11 votes
11 votes

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

User Calendarw
by
3.3k points
15 votes
15 votes

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

User Kennith
by
3.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

Soon after a volcano becomes an island, coral reefs start growing around its edges. These reefs are called a. barrier reefs b. fringing reefs c. artificial reefs
The powers of the federal government are A. explained in the Constitution. B. decided by the states. C. protected in the Bill of Rights. D. shared by state governments.
The department that oversees the application of antitrust laws and environmental and civil rights issues and runs the Federal Bureau of Investigation and the Drug Enforcement Administration is the _____.
What two developments changed life in preindustrial societies?
6.4 List two issues in sports that can disturb the implementation of nation-building​
Link Copied!