If Resource Prices Are Fixed and the Product Selling Price

question 189

Multiple Choice

If resource prices are fixed and the product selling price rises, then

• A) profits will decrease.
• B) profits will increase.
• C) profits will remain constant.
• D) both profits and output will decrease.

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Definitions:

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for action, stress, or emergency situations by activating the fight or flight response.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, often measured for health diagnostics.

Blood Sugar

The concentration of glucose in the bloodstream, critical for energy supply to cells and regulated by hormones like insulin.

Immune System

A complex network of cells, tissues, organs, and substances that help to protect the body from infections and diseases.