Which of the Following Explains Why It Is Typically Easier

question 3

Multiple Choice

Which of the following explains why it is typically easier tomaintain a cartel in a natural resource than in a manufacturedgood?

• A)Natural resources are usually more valuable than manufacturing goods.
• B)Natural resources are only found in certain places.(True Answer )Correct
• C)Manufacturing goods are hard to replace.
• D)Supply of natural resources tends to be more elastic than supply of manufacturing goods.

---

Definitions:

Active Sensors

Sensors that require an external power source to operate and can actively gather data about the environment.

Supply Chain Reaction Times

The time it takes for the elements within a supply chain to respond to changes in demand, supply, or other external factors.

Closed-Loop Systems

Systems designed to recycle or reuse resources or materials, minimizing waste and potentially returning them back into the supply cycle.

Reverse Systems

Systems designed for managing the return process of products from consumers back to retailers or manufacturers, often for recycling, repairing, or disposing of defective items.