As the price paid to a resource increases,
A) the supply of that resource will increase in the resource market.
B) the supply of that resource will decrease in the resource market.
C) resources will shift from other resource markets to this one.
D) resources will shift from this resource market to others.
E) resource usage will be unaffected.

Question

Quizplus · Accepted Answer

As the price paid to a resource increases, it becomes more profitable, attracting resources from other markets to this one.

As the Price Paid to a Resource Increases