The ____ Is the Point at Which Fire Will Continue

question 34

Multiple Choice

The ____ is the point at which fire will continue to burn after ignition.

• A) flashpoint
• B) fire point
• C) explosion point
• D) vaporization point

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Definitions:

Economic Resource

Assets, materials, or inputs used to produce goods and services and satisfy human wants, including land, labor, capital, and entrepreneurship.

Capital

Man-made physical objects (factories, roads) and intangible ideas (the recipe for cement) that do not directly satisfy human wants but which help to produce goods and services that do satisfy human wants; also called capital goods. One of the four economic resources.

Economic Rent

Any payment to a resource provider or seller of output in excess of the economic cost (opportunity cost) of providing that resource or output.