Use the Figure Above to Answer the Following Question

question 10

Multiple Choice

Use the figure above to answer the following question
-Another conclusion drawn from the bar graph is that ______________.

• A) neither recycling, reducing consumption, nor finding alternative materials will keep prices from rising
• B) our collective use of metal resources is presently unsustainable
• C) we are using metals sustainably at present
• D) after 400 years all the metals shown will have entirely disappeared from the earth
• E) known global reserves are increasing to keep pace with consumption

---

Definitions:

Monopolistically Competitive

A market structure in which many companies sell products that are similar but not identical, allowing for competition based on quality, price, and marketing.

Profit-Maximizing Price

The price level at which a company can sell its product or service to achieve the highest possible profit, taking into account the cost of production and market demand.

Average Total Cost

The total cost of production divided by the number of units produced, often used to identify the most efficient scale of production.

Efficient Level

The optimal point of production or operation at which a firm, economy, or system can produce goods or services with the minimum waste of resources.