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All Else Equal, When Oil Prices Decrease, Some Economical Sources

Question 10

Multiple Choice

All else equal, when oil prices decrease, some economical sources of oil tend to become less economical, and this will ________ proven reserves of oil and ________ the number of years it will take to deplete the stock of oil.


A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease

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