If the Demand for Widgets Decreases, This Will

question 23

Multiple Choice

If the demand for widgets decreases, this will:

• A) increase the supply of inputs used to produce widgets.
• B) decrease the supply of inputs used to produce widgets.
• C) increase the demand for inputs used to produce widgets.
• D) decrease the demand for inputs used to produce widgets.

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Definitions:

Decision-Making Responsibility

The obligation or duty to make choices that will influence outcomes, often involving the allocation of resources or direction of efforts.

Household Chores

Routine tasks and maintenance work carried out in the maintenance and operation of a household, such as cleaning, cooking, and gardening.

Workload

The amount of work assigned to or expected from a person within a specific time frame.

Child Care

The care and supervision of children, typically from infancy through elementary age, by someone other than the child's legal guardians.