Sources of Renewable Ocean Energy Include All of the Following

question 55

Multiple Choice

Sources of renewable ocean energy include all of the following except

• A) wind, wave, current, and tidal power.
• B) salinity and thermal gradients.
• C) algal biofuels.
• D) methane hydrates extracted from the deep ocean.

Distinguish between various business models used by online platforms.

Understand the concept of electronic tendering and its mechanisms.

Recognize different payment options available in e-commerce.

Comprehend the concept of digital currencies and their operational properties.

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Definitions:

Increasing Opportunity Costs

The economic concept that as production of a good increases, the opportunity cost of producing an additional unit of that good also increases.

Production Possibilities Schedule

A graphical representation that shows the different combinations of two goods or services that can be produced within a given time period, provided that available resources and technology are static.

Consumer Goods

Goods that are produced for direct consumption by the end user.

Capital Goods

Long-term assets purchased by businesses to produce goods and services.