Which of the examples given below illustrates how changes in resource prices help determine supply?
A) An increase in the cost of oil reduces the numbers of trucks carrying goods to certain locations.
B) An increase in the number of trucks carrying goods to certain locations increases the number of goods available in those areas.
C) An anticipated decrease in the costs of truck maintenance may indicate a future decrease in the number of trucks carrying goods.
D) The establishment of high-speed railways with energy-efficient freight trains may render trucks obsolete.
Correct Answer:
Verified
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