Question: As economic conditions change so does the mining industry, select all the scenarios w Question 1Answer a. Drilling operations show that the mine has more
As economic conditions change so does the mining industry, select all the scenarios w Question 1Answer a. Drilling operations show that the mine has more iron ore than expected. Therefore of iron ore increases. b. Carbon fiber becomes cheap to produce. Therefore aluminium for aircraft applications decrease in supply c. France shuts down all their nuclear power plants. Therefore the supply of uranium ore increases d. Germany re-opens old coal power plants. Therefore the demand for coal decreases e. Significant mining accident has caused a mine to be shut down. Therefore, supply of minerals increases. f. Cost of diesel fuel has increased. Therefore, supply of minerals decreases. g. Cost of electric continuous miners have been decreased. Therefore, supply of minerals increases
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