3 years ago

If a supply-demand curve were applied to basic resources, _____.

Biology

2 answers:

MaRussiya [10]3 years ago

5 0

Answer:

their prices would be increasing

Explanation:

gradpoint

maksim [4K]3 years ago

3 0

The correct option is A.
Basic resources are those resources that are very important to a business or an individual, one just have to buy the resources whether they are cheap or expensive. The application of supply demand curve to a basic resource will result in the increase of the price of that resource, because supplier will always be willing to supply more at higher prices.<span />

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