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AP® Microeconomics

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Moderate

Demand for Resources: Determinants

APMICR-OVJLBM

Which of the following would cause the demand for a resource to increase?

A

The price of a substitute resource has decreased.

B

The price of a complementary resource has increased.

C

The demand for the product it is used to produce has decreased.

D

The productivity of the resource has increased.

E

The price of the product has decreased.