Good a and Good B Are Substitutes in Production

question 105

Multiple Choice

Good A and good B are substitutes in production. The demand for good A decreases, which lowers the price of good A. The decrease in the price of good A

• A) increases the demand for good B.
• B) increases the supply of good B.
• C) decreases the demand for good B.
• D) decreases the supply of good B.

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Definitions:

Cystic Duct

A tube that transports bile from the gallbladder into the common bile duct and then into the small intestine.

Common Bile Duct

A duct that carries bile from the liver and gallbladder to the duodenum, important for digestion and absorption of fats.

Emulsifies Fats

The process of breaking down fats into smaller droplets, often by bile in the digestive system, to aid in fat digestion and absorption.

Endocrine Tissue

Tissues that release hormones directly into the bloodstream to regulate various bodily functions and processes.