If a and B Are Substitutes and the Cost of a Factor

question 149

Multiple Choice

If A and B are substitutes and the cost of a factor of production used in the production of A increases,then the price of

• A)B falls,but the price of A rises.
• B)B rises,but the price of A falls.
• C)A falls,and the price of B will stay unchanged.
• D)A and B fall.
• E)A and B rise.

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Definitions:

Sessile Animals

Organisms that do not move about and are fixed in one place, such as corals and barnacles; they are often anchored to a solid surface.

Unfavorable Environmental

Conditions within an environment that challenge the survival, growth, or reproduction of organisms.

Locomotion

The ability of an organism to move from one place to another using various bodily mechanisms.

Variety of Food

Refers to the diversity in dietary options available for consumption, encompassing different food types, flavors, and nutritional values.