Which of the following could explain a fall over time in the price of the depletable resource aloe?
A)The productivity of aloe mines fell.
B)New deposits of aloe were discovered.
C)Demand for aloe increased over time.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

The discovery of new deposits of aloe would increase the supply of the resource, which would cause a fall in price over time due to excess supply. Decreased productivity of mines or increased demand for aloe would cause a rise in price, not a fall. Therefore, option B is the only one that would explain a fall in the price of aloe over time.

Which of the Following Could Explain a Fall Over Time