The Present Estimate of the Earth's Age Is About ________

question 95

Multiple Choice

The present estimate of the Earth's age is about ________ years.

• A) 50 million
• B) 500 million
• C) 2.8 billion
• D) 4.6 billion
• E) none of the above

---

Definitions:

Consumer Sovereignty

The concept that consumers have the ultimate control over what goods and services are produced by choosing what to purchase with their money.

Economically Most Efficient

A situation or method that yields the maximum output without wasting resources.

Labor And Capital

The two primary factors of production; labor represents human contribution, while capital includes tools, equipment, and technology used in production.

Minimize Production Costs

The process of reducing the expenses associated with manufacturing products or providing services without compromising quality.