If Two Resources, Such as Labor and Farm Machinery, Are

question 54

Multiple Choice

If two resources, such as labor and farm machinery, are complementary,

• A)one can be used in place of the other
• B)an increase in the price of one will increase the demand for the other
• C)an increase in the price of one will increase the supply of the other
• D)a decrease in the price of one will increase the productivity of the other, which will decrease the demand for that other resource
• E)a decrease in the price of one will increase the demand for the other

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Definitions:

Exposed

Being in a state where something is uncovered or revealed, potentially subject to harm or criticism.

Effect

The result or outcome of a particular influence, action, or causal relationship.

Hardy Personality

A personality trait characterized by resilience and the ability to cope effectively with stress.

Qualities

Characteristics or attributes that can be used to describe or evaluate something or someone.