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Author Question: A sudden discovery of a new, massive source of uranium in New Mexico will likely cause the price of ... (Read 89 times)

audie

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on: Jun 29, 2018
A sudden discovery of a new, massive source of uranium in New Mexico will likely cause the price of uranium to ________, which will ________ the quantity of uranium demanded by consumers.
 
  A) increase; increase
  B) increase; decrease
  C) decrease; increase
  D) decrease; decrease

Question 2

If there are an estimated 20,000 barrels of unknown reserves of oil, annual consumption of oil is 800 barrels, and it is estimated that the supply of oil will be depleted in 50 years, how many barrels of known reserves of oil are there estimated to
 
  be, all else equal? A) 1,250
  B) 16,000
  C) 20,000
  D) 320,000


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jaygar71

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


audie

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

amit

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Reply 3 on: Yesterday
Excellent

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