Asked by Huyen Nguyen on Jun 21, 2024
Verified
As the price of washing machines fell,tens of millions of housewives substituted _______ for ______.
Substituted
The act of replacing one good or service with another due to changes in price, preference, or other variables.
- Elucidate on how derived demand impacts labor and capital within the framework of production factors.
Verified Answer
IM
Learning Objectives
- Elucidate on how derived demand impacts labor and capital within the framework of production factors.
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