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    Explain how the marginal product for a resource can change along with what can change the demand for a resource.

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    Explain how the marginal product for a resource can change along with what can change the demand for a resource.

    © BrainMass Inc. brainmass.com October 10, 2019, 5:15 am ad1c9bdddf
    https://brainmass.com/economics/factors-of-production/marginal-product-for-a-resource-can-change-499129

    Solution Preview

    First of all, let's try to think what can change the demand for a resource.

    A change in the demand for a resource changes the production of the goods/services that required this resource. For example, if the demand of lithium increases, this probably implies that the demand for battery increased (lithium is almost always used ...

    Solution Summary

    The expert examines marginal products for a resource change.

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