Increased recycling for a resource will
a. Increase the choke price
b. Decrease the choke price
c. Increase the physical reserve
d. Increase the economic reserves
e. Increase the time until the choke price is reached
Answer: e. Increase the time until the choke price is reached
Economics
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a. bowed out from the origin b. bowed in toward the origin c. straight lines d. right angles
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If the government places a price ceiling on cancer-treating drugs, then
A. Fewer cancer treating drugs will be available. B. Fewer people will die from cancer. C. There will be no change in the number of people who die from cancer. D. The supply of cancer-treating drugs will increase.
Economics