How Does Tar Sand Used for Production of Energy Form

question 2

Multiple Choice

How does tar sand used for production of energy form?

• A) humans add oil to quartz sand to make the material easier to move
• B) oil spills from supertankers washes up on beaches
• C) oil generated through normal processes is degraded by bacteria
• D) oil combines with ice in colder parts of the ocean

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Definitions:

Unit Cost

The cost incurred by a company to produce, store, and sell one unit of a particular product or service.

Declining-Balance Method

A method of calculating depreciation that results in larger depreciation charges in the early years of an asset's life and smaller charges later on.

Straight-Line Method

A depreciation technique where an equal amount of depreciation expense is recognized for an asset over each year of its useful life.

Units Produced

The total quantity of units manufactured during a specific period in a manufacturing or production process.