Which Statement Applies to Resources from the Sea

question 25

Multiple Choice

Which statement applies to resources from the sea?

• A) They are easier to recover than from the land.
• B) They are more difficult to locate and extract than resources on land.
• C) They are in greater variety than minerals on land.
• D) They are less expensive to recover than from land.

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Definitions:

Textbook

A book containing comprehensive coverage of a subject, often used for academic study and instruction.

Marginal Utility

The supplementary satisfaction or value derived from the consumption of one more unit of a good or service.

Lobster Dinner

A meal featuring lobster as the main course, often considered a luxury or special occasion dish.

Inelastic

Inelastic refers to a situation in economic terms where the demand or supply for a good or service is relatively unresponsive to changes in price, meaning the quantity demanded or supplied changes by a smaller percentage than the price change.