Labor and Land Are Substitutes

Multiple Choice

Labor and land are substitutes.If rent goes up and the amount of labor used goes down,we can assume that the

A) output effect outweighed the substitution effect.
B) the substitution effect outweighed the output effect.
C) the substitution effect and the output effect canceled each other out.
D) there is no way to determine the relative weights of the substitution effect and the output effect.