8
practice testMultiple Choice

Practice Test

Question 8 • Economics

What happens if a country faces a shortage of raw materials?

Answer
A
The sellers will invest more capital to compensate for raw materials.
B
The sellers will provide high-quality products at the same price.
C
The sellers will hire more labor to compensate for raw materials.
D
The sellers will halt the production of the product.
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What happens if a country faces a shortage of…