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Refer to the graphs shown. Higher costs of production combined with an expectation on the part of consumers of higher prices in the future would result in the shifts depicted in:
Caldera
A broad volcanic depression, generally the result of a substantial eruption followed by the fall-in of the volcano's opening.
Banded Iron Formations
Layers of iron-rich minerals alternated with silica or chert, deposited in marine environments over 2.5 billion years ago and are important iron ore sources.
Metal-rich Fluids
Liquids emanating from the Earth's crust, usually heated by magma, that are high in dissolved metals, often found in volcanic and hydrothermal areas.
Magma
A molten rock material beneath the earth's surface, which can solidify to form igneous rocks.
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