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 184 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?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Blending inheritance formed the basis of nineteenth-century critiques of evolution by natural select Blending inheritance formed the basis of nineteenth-century critiques of evolution by natural select
A mini clamp-on digital multimeter can be used to measure alternator output and unwanted AC current ... A mini clamp-on digital multimeter can be used to measure alternator output and unwanted AC current ...
Current Geopolitics and Civil Liberties Current Geopolitics and Civil Liberties
How to transform the natural exponential function (e^x) How to transform the natural exponential function (e^x)
Minerals are nonrenewable resources in limited supply Minerals are nonrenewable resources in limited supply
Natural Capital versus GDP per Capita Natural Capital versus GDP per Capita
Video: DNA fingerprinting Animation

For a complete list of videos, visit our video library