Question

The small increase in global oil production coupled with an increased demand for those resources leads to

a. lack of modern energy sources
b increased prices
C decreased competition
d decreased prices

Answer 1

increased prices.

Step-by-step explanation:

This is because as the need for a product grows so does the price. Because the product seams to be a necessity, people are willing to spend copious amounts of money on it.

Answer 2

b) Increased prices

Hope it helps :)