Which of the Following Fossils Fuels Is the "Cleanest" for the Environment

question 78

Multiple Choice

Which of the following fossils fuels is the "cleanest" for the environment in the sense that it is most likely to have the lowest sulfur content and the smallest volume of solid ash residue?

• A)Natural gas
• B)Anthracite coal
• C)Heavy, asphalitic crude oil
• D)Lignite

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Definitions:

Positive Profits

Financial gains achieved when the total revenues exceed the total costs of a business.

Long-Run

In economics, the Long-Run is a period during which all input factors of production and costs are variable, allowing for the adjustment of all possible variables.

Short-Run Profits

Profits earned by a firm in a period where at least one factor of production is fixed.

Perfectly Competitive

Refers to a market structure where many firms sell an identical product, and no single firm can influence the market price due to its small market share.