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What Happens to a Resource as It Becomes Scarcer

Question 68

Multiple Choice

What happens to a resource as it becomes scarcer?


A) The price rises and this increases the future supply relative to demand.
B) The price rises and this increases the future demand relative to supply.
C) The price falls and this increases the future supply relative to demand.
D) The price falls and this increases the future demand relative to supply.

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