Coal Is Considered to Be a Non-Renewable Energy Source

question 4

Multiple Choice

Coal is considered to be a non-renewable energy source.Which of the following statements is correct?

• A)Coal is an unlimited resource.
• B)Coal is a scarce resource.
• C)Coal is a non-scarce resource.
• D)Coal is not a resource.

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Definitions:

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Marginal Utility

The added gratification or usefulness experienced from the consumption of an additional unit of a good or service.

Risk-Averse

A characteristic of preferring to avoid risk, often leading to choices that have lower potential returns to minimize possible losses.

Income

Income is the financial earnings received by an individual or entity, typically measured in terms of money earned from employment, investments, or business operations.