Multiple Choice QuestionThe existence of a good or service that no one wants to buy will have which of following effects on the resources used to produce it?Multiple choice question.There will be no surplus for the resources used.There will be no supply for the resources used.There will be no demand for the resources used.There will be no shortage for the resources used.

Multiple Choice QuestionImprovements in the quality of a variable resource increase Blank______ and therefore its demand.Multiple choice question.costsmarginal productivityqualityresource supplymarginal supply

Multiple Choice QuestionA resource that is phenomenally efficient in producing something that no one wants to buy Blank______.Multiple choice question.will exhibit no demandis characteristic of capitalexhibits decreasing marginal returnswill exhibit no supply

Fill in the Blank QuestionFill in the blank question.The strength of the demand for any resource will depend on the of the resource and the market of the good or service that the resource helps produce. (Enter one word for each blank)

Multiple Choice QuestionThe derived demand for resources by producers for a product will be low when Blank______.Multiple choice question.supply is low for the productconsumer demand is high for the productsupply is high for the productthe product is selling poorly

Multiple Choice QuestionWhich of the following increases marginal productivity and therefore its demand?Multiple choice question.Improvements in the quality of a variable resourceImprovements in the quantities of a variable resourceImprovements in the supply of a variable resourceImprovements in the demand of a variable resource