Components or Parts of Finished Products Are Referred to As

question 64

Multiple Choice

Components or parts of finished products are referred to as:

• A)upstream materials.
• B)raw materials.
• C)secondary products.
• D)intermediate products.
• E)mid-chain products.

---

Definitions:

Energy Sources

The origins from which energy is produced, including renewable sources like solar and wind, and non-renewable sources like coal and oil.

Economies Of Scale

A situation in which the cost per unit of output decreases as the scale of production increases, due to factors such as operational efficiencies and synergies.

Renewable Natural Resources

Resources that can be replenished naturally over time, such as solar energy, wind energy, and biomass.

Natural Capital

The world's stocks of natural assets, including geology, soil, air, water, and all living organisms, which provide humans with a wide range of services.