Disadvantages of Shale Oil as an Energy Source Include All

question 66

Multiple Choice

Disadvantages of shale oil as an energy source include all of the following except

• A) massive land disruption.
• B) air and water pollution.
• C) considerable energy input for the energy output obtained.
• D) potential large supplies.
• E) low grade energy.

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Definitions:

Shut Down

A short-term decision by a firm to cease operations because current operation is not covering variable costs.

Firm

An organization that produces goods or provides services, usually with the aim of making a profit.

Economic Profit

The difference between the total revenue generated by a business and the total costs, including both explicit and implicit costs.

Minimum Return

The lowest expected or required return on an investment over a specified period.