If the Demand for Softballs Increases, One Could Expect the Demand

question 193

Multiple Choice

If the demand for softballs increases, one could expect the demand for leather to increase.This is attributable to the

• A)opportunity cost of producing softballs.
• B)marginal productivity principle.
• C)reduction in the cost of production of softballs.
• D)derived demand for an input.

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Definitions:

Produce

Fresh fruits and vegetables that are grown for eating.

2-point Threshold

The minimum distance at which two points of contact can be felt as separate on the skin, a measure of tactile sensitivity.

Tactile Localization

The ability to determine the location on the body where a tactile stimulus has been applied.

Tactile Localization

The ability to determine which area of the skin has been touched, without visual cues.