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AP Microeconomics
Unit 5 – Factor Markets
Topic 5.2
How does an increase in the price of a complementary resource affect factor demand in a factor market?
Factor demand decreases
Factor demand remains unchanged
Factor supply increases
Factor demand increases
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AP Microeconomics - 5.2 Changes in Factor Demand and Factor Supply
Key terms
Factor Market
Complementary resource
Factor demand
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About Us
About Fiveable
Blog
Careers
Testimonials
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
Report an Issue
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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