If a producer can use resources to produce either good A or good B, then A and B are

Name: If a producer can use resources to produce either good A or good B, then A and B are
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Question

Quizplus · Accepted Answer

Substitutes in production are goods that a producer can produce using the same resources. If the production of one good can be increased only by decreasing the production of another, those goods are considered substitutes in production.

If a Producer Can Use Resources to Produce Either Good