Suppose Product X Is an Input in the Production of Product

question 98

Multiple Choice

Suppose product X is an input in the production of product Y. Product Y in turn is a substitute for product Z. An increase in the price of X can be expected to

• A) decrease the demand for Z.
• B) increase the demand for Z.
• C) have no effect on the demand for Z.
• D) decrease the supply of Z.

---

Definitions:

Low-income

Pertaining to individuals or families who earn significantly less than the average income for their society or geographic area.

Deviant

Behaviors or actions that deviate from the societal norm, which can be either negative or positive in nature.

Criminal

An individual who has committed a crime, which is an act that violates the laws established by society.

Media Influences

The effects that media (like television, internet, and newspapers) can have on individuals' behaviors, opinions, and beliefs, often shaping public discourse and societal norms.