Which of the Following Would We Expect to Happen with Prices

question 155

Multiple Choice

Which of the following would we expect to happen with prices or quantities of natural resources if they were becoming scarcer?

• A)We would expect prices to be rising relative to other prices, as they have been.
• B)We would expect prices to be rising relative to other prices, but this has not occurred.
• C)We would expect known quantities to be increasing, as they have been.
• D)We would expect known quantities to be falling, but they have not been.

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