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 190 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?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Uranus's southern hemisphere in approximate natural colour (left) and in shorter wavelengths (r Uranus's southern hemisphere in approximate natural colour (left) and in shorter wavelengths (r
Current FDA Pregnancy Category Ratings with Examples Current FDA Pregnancy Category Ratings with Examples
Natural Causes of Climate Change Natural Causes of Climate Change
Low (or No) Natural Growth Low (or No) Natural Growth
Natural Hazards: Earth's Processes as Hazards, Disasters, and Catastrophes, 4th Edition Natural Hazards: Earth's Processes as Hazards, Disasters, and Catastrophes, 4th Edition
Video: Chemical Buffers - protein buffer, phosphate buffer system and bicarbonate buffer system

For a complete list of videos, visit our video library