Because There Is a Finite Supply of a Nonrenewable Resource

question 67

Multiple Choice

Because there is a finite supply of a nonrenewable resource, as amounts of the resource are consumed,

• A) the price of the resource rises.
• B) the price of the resource falls.
• C) the price of the resource rises to infinity.
• D) the price of the resource falls to zero.
• E) the price of the resource rises until it equals the present value of future resource amounts.

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Definitions:

Unfair Labour Practices

Actions by employers or unions that violate the rights of employees or the organization's own rules, often relating to the regulation and management of labor relations.

Employment Relations

The relationship between employers and employees, including the rights, duties, and obligations they owe each other.

Legislation

Laws and statutes enacted by a government's legislative body to regulate, authorize, sanction, grant, declare, or restrict various activities and conduct.

Union Certified

A status indicating that a labor union has been officially recognized as the representative of workers in a particular workplace or sector.