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    Economics Principles and Policy Study Set 1
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    Exam 18: Pricing the Factors of Production
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    The Basic Principle That Explains the Demand for a Factor
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The Basic Principle That Explains the Demand for a Factor

Question 74

Question 74

Multiple Choice

The basic principle that explains the demand for a factor of production is the


A) principle of marginal productivity.
B) Hotelling principle.
C) principle of opportunity cost.
D) Ramsey pricing principle.

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