Answer:
A
Step-by-step explanation:
If a nonrenewable resource such as oil suddenly became scarce while the demand remained constant, the most likely outcome would be an increase in price. Therefore, the answer is A - the price would increase.
When a nonrenewable resource becomes scarce, it becomes more expensive to extract and produce, and this increased cost would be passed on to the consumers in the form of higher prices. Additionally, since the demand for oil remains constant, the market forces of supply and demand would push the price up as consumers compete for the limited supply of oil.