question archive If the world were about to run out of a highly valued resource, what would happen to its price? How would this affect the future supply of the resource relative to the quantity demanded?

If the world were about to run out of a highly valued resource, what would happen to its price? How would this affect the future supply of the resource relative to the quantity demanded?

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If the world were about to run out of a highly valued resource, what would happen to its price? How would this affect the future supply of the resource relative to the quantity demanded?

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