Rising prices help control the process of resource depletion by
A)discouraging consumption and waste.
B)stimulating more efficient use of the depletable resource.
C)encouraging resource-saving innovation.
D)doing all of the above.

Question

Quizplus · Accepted Answer

Rising prices of depletable resources discourage consumption and waste, which in turn stimulates more efficient use of the resource. This efficiency can lead to resource-saving innovation as well. Thus, all the given options are correct, making choice D the best answer.

Rising Prices Help Control the Process of Resource Depletion by