When a Resource Is Being Depleted and Becomes Scarce, the Market's

question 169

True/False

When a resource is being depleted and becomes scarce, the market's way of encouraging conservation is for the price of the resource to rise, without any government intervention.

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Definitions:

Host

An organism that harbors another organism (parasite, mutualistic symbiont, or commensal) often providing nourishment and shelter.

Benefit

A positive outcome, advantage, or gain that is obtained or received, often as a result of an action, decision, or policy.

Parasitism

An interaction between species where one organism (the parasite) lives on or in another organism (the host), causing it harm.

Commensalism

A relationship between two living organisms where one benefits without harming or benefiting the other.