Which of the following lowers the current price of an ...

[theo]

Which of the following lowers the current price of an nonrenewable natural resource?
 
  A) an increase in the interest rate
  B) a decrease in the stock of the resource
  C) an increase in the marginal revenue product of the resource
  D) an increase in the price of a substitute resource

Question 2

In the above figure, the rise in the price of a gallon of gasoline that created the movement from point C to point A would be shown as a movement ________ along the demand curve for ________.
 
  A) upward; coffee
  B) downward; coffee
  C) upward; gasoline
  D) downward; gasoline

[raili21]

Answer to Question 1

A

Answer to Question 2

C

[theo]

Thank you

[raili21]

Happy to help you