A Rock That Has the Potential to Generate Oil or Gas

question 30

Multiple Choice

A rock that has the potential to generate oil or gas if subjected to elevated temperature and pressure is known as a

• A) kerogen.
• B) coal.
• C) source rock.
• D) reservoir rock.

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Definitions:

Inputs

Factors including workforce, materials, and funds employed in the process of creating products or offering services.

Production

The process of combining various material inputs and immaterial inputs (plans, know-how) to make something for consumption.

Constant Returns To Scale

A situation in production where increasing the amount of inputs results in a proportionate increase in the output.

Poorer Grows Faster

An observation in economics that poorer economies tend to grow at a faster rate than richer economies due to the catch-up effect.