Redesigning ____________________ Processes to Use Less Mineral Resources Is a Way

question 97

Short Answer

Redesigning ____________________ processes to use less mineral resources is a way that corporations and researchers could practice more sustainable use of nonrenewable minerals.

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Definitions:

Behavioral Assumption

An assumption that describes the expected behavior of economic decision makers, what motivates them.

Ceteris Paribus Assumption

A Latin phrase meaning "all other things being equal", used in economics to isolate the effect of one variable change by holding other relevant factors constant.

Other-Things-Constant Assumption

An assumption in economics that all other variables remain unchanged or constant except those under immediate consideration.

Rational

A decision-making process that is based on making choices that result in the optimal level of benefit or utility for an individual.