If Products C and D Are Close Substitutes,an Increase in the Price

question 35

Multiple Choice

If products C and D are close substitutes,an increase in the price of C will:

• A) tend to cause the price of D to fall.
• B) shift the demand curve of C to the left and the demand curve of D to the right.
• C) shift the demand curve of D to the right.
• D) shift the demand curves of both products to the right.

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Definitions:

Positively Charged

Describes atoms or molecules that have more protons than electrons, resulting in a net positive electrical charge.

Electrically Neutral

A condition where an object or system has an equal number of positive and negative charges, leading to no net electrical charge.

Depolarization

A reversal in the electrical potential across a cell's plasma membrane, leading to the initiation of an action potential or nerve impulse.

Sodium Ions

Positively charged atoms of sodium, crucial for maintaining fluid balance and transmitting nerve impulses in the body.