How Are the Economic Forces That Apply to Renewable Resources

question 144

Multiple Choice

How are the economic forces that apply to renewable resources different than those that apply to non-renewable resources?

• A) Non-renewable resources must be protected by government policies to prevent depletion.
• B) Non-renewable resources do not have any substitutes so the economic forces are different than those for renewable resources..
• C) Both renewable and non-renewable resources may become scarcer over time so the economic forces at work are similar.
• D) Renewable resources are not subject to the laws of economics since the scarcity condition no longer holds.

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Definitions:

Stereochemical

Pertaining to the spatial arrangement of atoms within molecules and the impact of this arrangement on chemical properties and reactions.

Regio-

A prefix denoting the region or position in a molecule where a chemical reaction occurs, often used in the context of regioselectivity.

Anti-Markovnikov Addition

A type of chemical addition reaction where the substituent is added to the less substituted carbon atom in a double bond or alkyne.

Peroxides

Chemical compounds containing an oxygen-oxygen single bond, or the peroxide anion O2^2-. They are often powerful oxidizing agents.