Why Are Algae Considered More Valuable for Biofuel Than Plants

question 35

Multiple Choice

Why are algae considered more valuable for biofuel than plants (such as corn) ?

• A) Their photosynthetic products are sugar.
• B) They are cheaper to grow.
• C) They utilize more O₂
• D) They require the same amount of fertilizer.
• E) All of these are correct.

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Definitions:

Net Price

The actual price paid for a product or service after deducting any discounts, rebates, or allowances from the list price.

Equilibrium Quantity

The quantity of goods or services supplied and demanded at the equilibrium price, where market forces balance.

Tax Burden

The total amount of tax that individuals or businesses must pay to governmental authorities.

Inelastic

A characteristic of demand or supply where the quantity demanded or supplied changes by a smaller percentage than the changes in price.