A decrease in resource prices will increase the incentive of
A) users to purchase the resource.
B) suppliers to provide more of the resource.
C) firms to find and develop substitutes for the resource.
D) consumers to look for alternatives that do not contain the resource.

Question

Quizplus · Accepted Answer

When resource prices decrease, users (such as firms) are more incentivized to purchase the resource because it becomes cheaper, reducing their costs.

A Decrease in Resource Prices Will Increase the Incentive of