Why Is the World Unlikely to Ever Literally Run Out

question 200

Multiple Choice

Why is the world unlikely to ever literally run out of oil?

• A) There is an unlimited supply of oil.
• B) As the cheap-to-produce oil gets used up, the price of oil will rise, encouraging conservation and production using more expensive techniques.
• C) The demand for oil is not very high.
• D) As the demand for oil increases, the quantity supplied increases as well.

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Definitions:

Independent Function

A task or operation that can be performed without the need to rely on other functions or processes.

Conscious

Being aware of one's own existence, sensations, thoughts, surroundings, and having a sense of self.

Nomothetic Goals

In personality psychology, this refers to the approach that aims to study personality through generalized, universal laws applicable to large groups of people.

Essential Motivations

The basic, inherent drives that influence humans to act or behave in certain ways, including survival, belonging, and self-esteem needs.