A Mining Company Develops a New Processing Technique Using Only

question 37

Multiple Choice

A mining company develops a new processing technique using only light and patents the process. This situation is characterized by ________.

• A) low threat of substitutions
• B) high bargaining power of customers
• C) high threat of new entrants
• D) low bargaining power of suppliers
• E) low threat of new entrants

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Definitions:

Beneficial Use

The use of resources in a way that brings positive effects to the environment or society.

Technology

Application of scientific information to solve or address a need of humans.

Species

A group of living organisms consisting of similar individuals capable of exchanging genes or interbreeding.

Populations

Groups of individuals of the same species living and interbreeding within a given area.