The Supply Curve of a Depletable Natural Resource Is Usually

question 146

Multiple Choice

The supply curve of a depletable natural resource is usually

• A)downward sloping because the resource runs out over time.
• B)upward sloping because more of the resource can be profitably extracted at higher prices.
• C)upward sloping because the price of the resource rises at the rate of inflation.
• D)vertical because the supply of the resource is fixed.

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Definitions:

Red Cones

Photoreceptor cells in the retina that are sensitive to red light, playing a critical role in color vision.

Color-blind

A visual impairment in which an individual has difficulty distinguishing between certain colors, typically red and green or blue and yellow.

Protanopia

A type of color blindness where individuals have difficulty distinguishing between red and green colors.

Deuteranopia

A type of red-green color blindness caused by the absence of or defect in the green cone cells in the eye.