In the Short-Run an Increase in the Costs of Production

question 71

Multiple Choice

In the short-run an increase in the costs of production makes

• A)output and prices rise.
• B)output rise and prices fall.
• C)output fall and prices rise.
• D)output and prices fall.

---

Definitions:

Formal Appearance

The act or requirement of presenting oneself in a prescribed, professionally acceptable manner or attire, often within a work or official setting.

Warm Colors

Hues in the color spectrum known for their association with warmth, typically including reds, oranges, and yellows.

Fairly Bright Light

A level of illumination that is significantly luminous but not overwhelming, often considered comfortable for visibility.

Cool Colors

Colors that are typically associated with calmness and tranquility, including blues, greens, and purples.