Resources That Are Not Created or Renewed at a Significant

question 105

Multiple Choice

Resources that are not created or renewed at a significant rate, and therefore could potentially be used up over time, are called

• A) renewable resources.
• B) nonrenewable resources.
• C) fixed resources.
• D) earthly geographic resources.

---

Definitions:

Output

The amount of goods or services produced by a business, industry, or economy.

Price

The financial sum expected, necessary, or handed over in exchange for something.

Peak Efficiency

The highest level of operational productivity or effectiveness where resources are utilized in the most optimal way.

Preferential Tax Breaks

These are specific tax provisions that benefit certain activities, industries, or groups, reducing their tax burden compared to others.