When Input Prices Rise and Increase the Cost of Production

question 38

Multiple Choice

When input prices rise and increase the cost of production, the

• A) quantity supplied increases.
• B) demand increases.
• C) supply increases.
• D) supply decreases.
• E) quantity supplied decreases.

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Definitions:

Positive Charge

A type of electric charge, typically carried by protons, that repels other positively charged particles and attracts negatively charged particles.

Negative Charge

An electrical charge that results from having more electrons than protons in an atom or molecule.

Molecule

The smallest unit of a chemical compound that retains its chemical properties, consisting of two or more atoms bonded together.

Silica

A chemical compound of silicon and oxygen, often found in quartz and used in glass making and electronics.