A Decrease in the Price of a Resource Would Cause

question 5

Multiple Choice

A decrease in the price of a resource would cause

• A) producers to substitute other inputs for the resource.
• B) the cost of products made from the resource to fall.
• C) producers to use more of the resource.
• D) none of the above.
• E) both b and c above.

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Definitions:

Benign Tumors

Non-cancerous growths in the body that are usually not harmful and do not spread to other parts of the body.

Menstruate

The process where the uterus sheds its lining, resulting in menstrual blood flow through the vagina, a natural part of the female reproductive cycle.

Breast Cancer

A disease characterized by malignant tumor growths in the breast tissue.

Pregnant

is the condition of having a developing embryo or fetus in the body, after conception until birth.