Q1、Which statement about renewable and non-renewable resources is most accurate? A) Land is considered a renewable resource. B) The supply curve for a non-renewable resource is perfectly elastic and the price is determined by demand for it. C) The known stock of a non-renewable resource must decrease as the resource is used.
Q2、Which of the following best describes the elasticities of supply for renewable and non-renewable resources? Renewable resource Non-renewable resource
A) Perfectly inelastic Perfectly elastic B) Inelastic Perfectly inelastic C) Perfectly elastic Perfectly inelastic
Q3、The supply of a renewable resource is: A) independent of price and perfectly elastic. B) dependent on price and relatively elastic. C) independent of price and perfectly inelastic.
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发表于 2009-1-15 13:40
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