UOP ECO/535

If the price of a product in a country decreases, what can we expect to happen to the resources that are used to produce that product?

The resources will become idle and eventually will be lost.

Demand for the product will increase.

The price of the resources will decrease as demand for them increases.

Production of the product will decrease, and the resources used to produce the product will be released for use in producing other products.

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