Which of the following is true regarding the famous bet about future resource prices, made between Paul Ehrlich and Julian Simon?
A) Ehrlich predicted resource prices would increase; Simon predicted they would fall. Ehrlich won the bet.
B) Ehrlich predicted resource prices would increase; Simon predicted they would fall. Simon won the bet.
C) Ehrlich predicted resource prices would decrease; Simon predicted they would rise. Simon won the bet.
D) Ehrlich predicted resource prices would decrease; Simon predicted they would rise. Ehrlich won the bet.
Correct Answer:
Verified
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