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In the Context of Factors of Production, the Value of All

Question 42

Multiple Choice

In the context of factors of production, the value of all natural resources tends to:


A) rise with high demand, low supply, or both.
B) fall when the demand is high, irrespective of the rate of supply.
C) fall when the supply is low, irrespective of the rate of demand.
D) rise with low demand, high supply, or both.

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