If a producer can use resources to produce either good A or good B, then A and B are
complements in production.
substitutes in production.
substitutes in consumption.
complements in consumption.
In the above figure, what is the
minimum supply price for the fourth gallon of ice cream?
Good A and good B are substitutes in production. The demand for good A increases so that the price
of good A rises. The increase in the price of good A shifts the