The Cost of Producing Aspirin Increases Simultaneously as Doctors Find

question 74

Multiple Choice

The cost of producing aspirin increases simultaneously as doctors find that one aspirin per day reduces the risk of heart attacks. The supply of aspirin and the demand for aspirin
So that the equilibrium price of aspirin _ .

• A) decreases; increases; might rise, fall, or stay the same
• B) increases; increases; rises
• C) increases; decreases; might rise, fall, or stay the same
• D) decreases; increases; rises

---

Definitions:

Stockout

A situation in which a company does not have enough inventory available to fill an order.

Inventory Available

Refers to the products or goods a company has in stock and is ready to sell or distribute to customers.

Obsolete Inventory

Stock that is no longer sellable due to being out of date, out of fashion, or superseded by newer products.

Materials Management

The process of planning, acquiring, moving, and controlling materials to efficiently produce goods or services.