Use the Accompanying Figure to Answer the Following Question

question 10

Multiple Choice

Use the accompanying figure to answer the following question
-If a nonrenewable resource such as oil suddenly became scarce while demand remained constant, the price of the resource would ____________.

• A)increase
• B)decrease
• C)remain unchanged
• D)move down the demand line
• E)move down the supply line

---

Definitions:

Cross-cultural Communication

The exchange of information between individuals from different cultures, requiring awareness and sensitivity to cultural variances.

Cultures

The shared values, beliefs, norms, and practices that characterize a group of people or society, shaping their behavior and interactions.

Different Languages

Varieties of linguistic systems used for communication between people, not sharing a common native language.

Important

Significance or value attached to something due to its relevance or impact.