If Coal and Oil Are Substitute Inputs in the Production

question 88

Multiple Choice

If coal and oil are substitute inputs in the production of electricity, an increase in the price of oil

• A) will increase the demand for coal.
• B) will reduce the demand for coal.
• C) will increase the supply of coal.
• D) will reduce the supply of coal.
• E) will not affect the demand for coal.

---

Definitions:

Conflict Manager

pertains to a person or mechanism that effectively addresses, navigates, and resolves disagreements or disputes in a constructive manner.

Semantic Conflict

Disagreement that arises from differences in the interpretation or understanding of specific words and phrases.

Group Norms

Unwritten rules or expectations that dictate the behavior, attitudes, and actions of members within a group setting.

Work Well

The effectiveness and efficiency with which tasks are completed or objectives are met, often in a team or workplace setting.