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3.5.1 Demand for factors of production

Topic 3.5.1 - Demand for factors of production This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the demand for factors of production. This includes the demand for the product, the price of different factors of production, their availability, and their productivity. The term factors of production refers to the productive resources needed to produce any good or to provide a...

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