QuestionAugust 1, 2025

Substitutes-in -production: are always priced the same. use substitute inputs in production. allow a business to manufacture alternative products, using the same inputs. allow a business to produce goods together.

Substitutes-in -production: are always priced the same. use substitute inputs in production. allow a business to manufacture alternative products, using the same inputs. allow a business to produce goods together.
Substitutes-in -production:
are always priced the same.
use substitute inputs in production.
allow a business to manufacture alternative products, using the same inputs.
allow a business to produce goods together.

Solution
4.4(139 votes)

Answer

allow a business to manufacture alternative products, using the same inputs. Explanation 1. Identify the correct definition Substitutes-in-production refer to inputs that can be used interchangeably in the production process, allowing a business to manufacture alternative products using the same inputs.

Explanation

1. Identify the correct definition<br /> Substitutes-in-production refer to inputs that can be used interchangeably in the production process, allowing a business to manufacture alternative products using the same inputs.
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