​If the Price of a Resource Falls, Other Things Constant

question 133

Multiple Choice

​If the price of a resource falls, other things constant, the _____.

• A)demand for the final product produced by the resource will increase
• B)demand for a substitute product will increase
• C)demand for a substitute resource will fall
• D)supply of that resource will rise
• E)supply of a substitute resource will also rise

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Definitions:

Carefree

Describes a state of not having worries, stress, or responsibilities.

Casual Love

A type of romantic relationship where the partners are not seeking commitment or have no expectations of a long-term future together.

Rapport Stage

A phase in relationship development where mutual trust and understanding are established, facilitating smoother communication.

Intimacy

The sense of a close personal bond and deep emotional connection with someone, which can be physical, emotional, intellectual, or a combination of these.