Question: please do all 1. Is there a difference between the demand for a factor of production, such as labour, and the demand for a consumer
please do all
1. Is there a difference between the demand for a factor of production, such as labour, and the demand for a consumer good or service? 2. Where does the demand for labour services come from? 3. How does a firm decide on the number of workers that it will hire? 4. Can this argument be illustrated with the help of a graph
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