If Coal and Oil Are Substitute Inputs in the Production

question 88

Multiple Choice

If coal and oil are substitute inputs in the production of electricity, an increase in the price of oil

• A) will increase the demand for coal.
• B) will reduce the demand for coal.
• C) will increase the supply of coal.
• D) will reduce the supply of coal.
• E) will not affect the demand for coal.

---

Definitions:

Good News

Information or announcements that are positive, uplifting, or beneficial to the receiver, often leading to a pleasant or optimistic reaction.

Bad-news Message

Communication that conveys disappointing, unfavorable, or negative information to the recipient.

Routine Request

A common or regularly occurring appeal or inquiry that follows a standard procedure or format.

Generic Closing

A nonspecific conclusion or sign-off used at the end of a communication that does not tailor to the recipient or context specifically.