Biomass Is More Efficient in Providing Energy Than Biofuels

question 2

Multiple Choice

Biomass is more efficient in providing energy than biofuels. Biomass uses a greater fraction of the crop than biofuels, and biomass produces more energy per acre of crop than biofuels. Yet, biofuels continue to be studied more extensively than biomass. Why does research continue to focus on biofuel optimization?

• A) Biofuels are preferred because they do not release greenhouse gases upon combustion.
• B) The US always has a surplus of corn that can be used to supply research on biofuels.
• C) Biofuels are targeted for the transportation industry, a niche that biomass does not fill.
• D) Scientists want to improve biofuels because the current biofuels leave behind a toxic waste when burned.
• E) All of the above

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Definitions:

Profit-Maximizing

The process of finding the level of output at which a firm makes the highest profit.

Short Run

A period in which at least one factor of production is fixed and cannot be varied by the firm.

Long Run

A period sufficient for all inputs in production to be adjusted, including physical capital and labor.

Allocative Efficiency

Allocative Efficiency occurs when resources are distributed in a way that maximizes the net benefit to society, ensuring that the right goods are produced to meet consumer preferences.