Given That Energy Is an Input in Production, the Development

Multiple Choice

Given that energy is an input in production, the development of a cheaper source of energy will result in:

A) a lower price level and a lower amount of production.
B) a higher price level and a higher amount of production.
C) a lower amount of production at every price level.
D) a higher amount of production at every price level.
E) a lower profit at every price level.