in the Resource (Factor) Market, who demands the factors of production?
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Markets in which households supply factors of production-labor, capital, and natural resources-demanded by firms. The resources available to the economy for the production of goods and services. The value, or satisfaction, that people derive from the goods and services they consume and the activities they pursue.
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Answer: C. Business/ Firms and Government
Explanation:
Business/ Firms and Government demand or buy productive resources: land, labor, and capital.
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