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The factors determining resource demand differ from those determining product demand. This is because multiple choice product demand is determined in markets, whereas resource demand

The factors determining resource demand differ from those determining product demand. This is because multiple choice product demand is determined in markets, whereas resource demand is controlled by firms. product demand depends on income and tastes, whereas resource demand is a derived demand. product demand is a derived demand, whereas resource demand depends on income and tastes. product demand cannot be measured in the same units as resource demand

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