The fish in the ocean would be considered a

A. sustainable natural resource.
B. renewable natural resource.
C. limited natural resource.
D. sequestered natural resource.


Answer: B

Economics

You might also like to view...

If a lower price for a Pepsi decreases the demand for a Coke, the cross elasticity value for Pepsi and Coke is

A) definitely negative. B) definitely equal to zero. C) definitely positive. D) definitely greater than one. E) possibly negative, positive, or zero, but there is not enough information to decide.

Economics

Which of the following is not an example of an institution (rules of the game)?

a. formal rules of behavior b. government takeover of private corporations c. a constitution d. informal constraints on behavior e. traditions

Economics

One of the roles of the Fed is to be the lender of last resort.

Answer the following statement true (T) or false (F)

Economics

If the marginal net utility of beer is negative, the consumer should buy more beer in order to increase the total utility.

Answer the following statement true (T) or false (F)

Economics