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Science
Economics
Resources and Scarcity example #48304
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Resources and Scarcity example #48304
Willow Hughes
23 November 2022
4.9
(221 reviews)
14 test answers
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question
Which power source has been least developed?
answer
Correct: Wind
question
Which most likely occurs because resources are nonrenewable and because...
answer
Correct: Scarcity
question
Which statement best describes the impact of scarcity?
answer
Correct: Consumers must pay higher prices for many items
question
How would a manufacturer benefit by using fewer scarce resources?
answer
Correct: The product would be less expensive to produce
question
Which object is most likely to have the most value based on the concept of scarcity
answer
Correct: A silver necklace
question
In what time period did hydroelectric power usage reach its peak?
answer
Correct: 1990-2000
question
A __________ can be defined as whatever people use to create services and goods
answer
Correct: Resource
question
Which of the following uses a nonrenewable energy source?
answer
Correct: A power plant
question
Based on the lesson, how are individuals and economies similar?
answer
Incorrect: They both must carefully...
question
Based on economic theory, if a person wants to purchase a large stereo system, what must...
answer
Correct: Allocation of resources
question
Wind and Solar energy are examples of
answer
Correct: Renewable resources
question
Which of the following could be considered both a renewable resource and a nonrenewable...
answer
Correct: Wheat crop
question
School band members need to raise money for new uniforms. Some members want...
answer
Correct: The value of the resources
question
A large, new diamond mine has just opened, and the price of diamonds has gone down...
answer
Correct: Diamonds are a nonrenewable resource
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