Why does the demand curve for an individual firm's factor of production slope downward?

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Because as output increases, the market price of the product falls in a competitive market, lowering the marginal product's value as more of the factor is employed.Due to the factor experiencing a diminishing marginal product over time.Because the marginal product of the factor rises, causing the demand to slope upward.Because the factor market is perfectly competitive, making the demand curve perfectly elastic (horizontal).Because the factor supply is fixed and unchanging.

Explanation

The demand curve for a firm's factor of production slopes downward since increasing output lowers the product's market price in a competitive environment, which decreases the marginal product's value as additional units of the factor are used. This reflects the value of the marginal product diminishing with increased factor input.