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If Extraction Technology Continues to Improve Over Time

Question 108

Multiple Choice

If extraction technology continues to improve over time,


A) the price of crude oil can continue to fall or stay steady.
B) the price of crude oil will increase despite any attempts to stem demand.
C) the price of crude oil will only fall if sufficient government taxation is implemented.
D) the price of crude oil will only fall if sufficient demand declines are arranged.

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