Refer to Scenario 2. Diminishing marginal returns starts to occur between units:

Suppose that consumers expect that the price of a product will increase in the future. The result is that

A) the current supply of the product decreases. B) the current demand for the product decreases. C) the current demand for the product increases. D) the current supply of the product increases.

What did Malthus say about population growth?

A) Population growth is the key to a nation's economic growth. B) Population growth is not a problem if food production keeps up, and Malthus predicted that it would. C) Population growth is a huge problem if housing and medical care don't also increase. D) The population would grow faster than food supplies, which would be a recipe for disaster.