One Reason Why, in the Last Four Decades, the Number

question 26

Multiple Choice

One reason why, in the last four decades, the number of new auto makers in the world has been very small compared to the past is that

• A)the automobile cannot be improved upon in any way by new producers.
• B)new auto makers cannot obtain necessary inputs to produce new cars.
• C)governments restrict who can produce automobiles.
• D)new producers cannot match the economies of scale of existing auto makers.

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Definitions:

Active Solar System

An energy system that directly uses mechanical or electrical devices powered by sunlight, such as solar panels, to capture and convert solar energy.

Renewable Energy

Refers to energy derived from natural processes that are replenished at a rate faster than they are consumed, such as sunlight, wind, rain, tides, and geothermal heat.

Biomass

Organic material derived from living, or recently living organisms, used as a source of energy or in various industrial processes.

Hydrogen Fuel Cell

A device that generates electricity through a chemical reaction between hydrogen and oxygen without combustion, producing only water as a byproduct.