This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following lowers the current price of an nonrenewable natural resource? A) an ... (Read 181 times)

theo

  • Hero Member
  • *****
  • Posts: 698
on: Jun 29, 2018
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

raili21

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


theo

  • Hero Member
  • *****
  • Posts: 698
Reply #2 on: Jun 29, 2018
Thank you :)


raili21

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

When a Tornado Strikes: Social Organization Following a Natural Disaster When a Tornado Strikes: Social Organization Following a Natural Disaster
Selected Natural Products Selected Natural Products
How to find the domain of a natural logarithmic functions (Part 2) How to find the domain of a natural logarithmic functions (Part 2)
Evidence of natural selection: Canis lupus familiaris Evidence of natural selection: Canis lupus familiaris
Natural hazards Natural hazards
A rigid circular loop has a radius of 0.20 m and is in the xy-plane. A clockwise current I is ... A rigid circular loop has a radius of 0.20 m and is in the xy-plane. A clockwise current I is ...
Video: Uterine (menstrual) cycle - phases

For a complete list of videos, visit our video library