The Introduction of a New Good

Multiple Choice

The introduction of a new good

A) increases the cost of maintaining the same level of economic well-being.
B) decreases the cost of maintaining the same level of economic well-being.
C) has no impact on the cost of maintaining the same level of economic well-being.
D) may increase or decrease the cost of maintaining the same level of economic well-being,depending on how expensive the new good is.