Resource demand curves slope downward becausea of the, Ask an Expert

Economics

Resource demand curves slope downward because?

A: of the diminishing marginal product of the resource.

B: of economies of scale.

C: of the diminishing marginal cost of the resource.

D: in perfectly competitive markets, the lower the price, the greater the output.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91387990

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