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High Prices of Commodities Like Oil

Question 39

Multiple Choice
High prices of commodities like oil

High prices of commodities like oil


A) provide an incentive to produce more of it.
B) provide an incentive for producers to slow production to boost prices higher.
C) provide an incentive to protect the environment.
D) provide an incentive to develop new technology to extract the oil.
E) Both options A and D are true.

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