Multiple Choice
In which of the following cases can we be certain that a natural resource has become scarcer?
A) both the demand for the resource and the supply of the resource have increased.
B) both the demand for the resource and the supply of the resource have decreased.
C) the demand for the resource has increased and the supply has decreased.
D) the demand for the resource has decreased and the supply has increased.
Correct Answer:
Verified
Correct Answer:
Verified
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