There Is More Gold in 1 Km³ of the Ocean

question 72

Multiple Choice

There is more gold in 1 km³ of the ocean than the amount of gold mined in all of recorded history.How come we do not mine the oceans?

• A)It is too dilute to separate.
• B)It would take too much energy.
• C)It would cost too much.
• D)all of the above
• E)none of the above

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Definitions:

Contribution Margin

The amount by which a product's selling price exceeds its total variable costs, indicating how much contributes to covering fixed costs and generating profit.

Dollar Amount

A specific value of money in terms of the currency of the United States, expressed in dollars.

Investment Center

A division or unit within a company that is responsible for its own revenues, expenses, and assets, and its performance is evaluated on its return on investment.

Generates Revenue

Activities or processes that result in the earning of income for a business through the sale of goods or services.