If the Output Price of a Product Rises, the Demand

question 81

True/False

If the output price of a product rises, the demand for capital will increase, raising the rental price of capital.

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Definitions:

Breeding

The process of mating and producing offspring, often used in the context of animals or plants.

Impossibility of Performance

A legal concept where a party cannot fulfill their contractual obligations due to unforeseen and uncontrollable circumstances.

Subject Matter

The topic, content, or substance that is being discussed or dealt with in a legal document, conference, or case.

Illegal

An action, item, or behavior prohibited by law and subject to penalties upon violation.