The Demand for a Resource Rises as

question 86

Multiple Choice

The demand for a resource rises as

• A)its productivity rises and the relative prices of substitutable resources rises.
• B)its productivity rises and the prices of substitutable resources falls.
• C)its productivity falls and the relative prices of substitutable resources falls.
• D)its productivity falls and prices of substitutable resources falls.

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Definitions:

Assets

Resources owned by a company or individual, having economic value and expected to provide future benefits.