Which of the Following Would Cause the Present Optimal Extraction

question 250

Multiple Choice

Which of the following would cause the present optimal extraction level of a nonrenewable resource to fall?

• A)a reduction in extraction costs
• B)a reduction in user costs
• C)a reduction in total costs
• D)a reduction in the price of the resource

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Definitions:

Cable Television

A system of delivering television programming via coaxial cables to subscribers.

Airwaves

The invisible electromagnetic spectrum used for transmitting radio and television signals through the atmosphere.

Radio Broadcasting

The transmission of audio programs to the public through radio waves.

Sound Recording

The process or art of capturing audio performances, sounds, or music onto a storage medium for later playback.