Which of the Following, If Happens, May Result in an Increase

question 57

Multiple Choice

Which of the following, if happens, may result in an increase in the relative price of primary products in the world market?

• A)The marginal cost of producing the primary goods declines over time
• B)Productivity growth in the primary sectors is slower than that in the manufacturing sectors
• C)The demand for primary products declines over time
• D)The stock of inventories of primary products unexpectedly increases

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Definitions:

Magnetic Stripes

Patterns of alternating magnetic polarity found on the ocean floor parallel to mid-ocean ridges, providing evidence for the theory of plate tectonics and seafloor spreading.

Volcanic Rocks

Rocks formed from the cooling and solidification of magma or lava.

Oceanic Crust

The portion of the Earth's crust that forms the ocean basins, primarily composed of basalt and denser than continental crust.

Plate Boundary

The edges where two tectonic plates meet, which can be categorized into convergent, divergent, or transform boundaries based on their movement relative to each other.