Resource prices, Refer to the following diagrams, in which AD 1 and AS 1 are the

Resource prices

Refer to the following diagrams, in which AD₁ and AS₁ are the "before" curves and AD₂ and AS₂are the "after" curves. Other things equal, a decrease in resource prices is depicted by:1) panel (A) only. 2) panel (B) only. 3) panel (C) only. 4) panels (B) and (C)

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