The inputs used to create two goods are the same. Therefore, these two goods are:

Name: The inputs used to create two goods are the same. Therefore, these two goods are:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When two goods use the same inputs for their creation, they are considered substitutes in production because the resources used to produce one can alternatively be used to produce the other. This means that producers might switch between producing one or the other based on their relative profitability or market demand.

The Inputs Used to Create Two Goods Are the Same