Answer :
The cost to produce burgers decreased with invention of new grills. Resource price factor causes shift.
The resource demand is the term that is used to refer to the process that deals with the measurement of the numbers of available resources that can take care of the demand for various work processes.
The factors that have the ability to shift the resource demand curve are:
- Resource productivity
- Prices of other resources
- Product demand
Determinants of demands are income, consumer preferences, number of buyers, price related of goods and expectation of future. A change in quantity demanded is caused by a change in its own price of the good. A change in demand is caused by a changed in determinants.
Learn about demand:
https://brainly.com/question/24384825
#SPJ1
The cost to produce burgers decreased with invention of new grills. The Resource price factor causes the shift.
The correct option is c.
When constructing a supply curve, the prices of the resource inputs that influence manufacturing costs and a good's capacity to sell are considered to be constant.
The process of measuring the quantity of resources that are readily accessible and able to meet the demand for various job activities is referred to as resource demand.
Price shift in direct proportion to demand, and vice versa. Only businesses that are prepared to pay the price will be able to obtain the resources when demand is strong, and they will only be able to do so by creating successful goods or services that customers are willing to pay more for.
To learn more about Resource price, refer
https://brainly.com/question/15271469
#SPJ1
