Which of the Following Is a Characteristic of Surface Mining

question 38

Multiple Choice

Which of the following is a characteristic of surface mining?

• A)It causes considerable habitat damage over the surface area mined.
• B)There is a risk of chronic respiratory disease such as black lung.
• C)Acid mine drainage as water is pumped out of underground mines.
• D)Topsoil is left mostly intact.
• E)All of these answers are correct.

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Definitions:

Consumer Surplus

The disparity between the ideal total expenditure consumers are willing to make on a good or service and the real expenditure.

Producer Surplus

The distinction in financial terms between what producers expect to receive for a product or service and the actual revenue attained.

Producer Surplus

The difference between the amount producers are willing to sell a good for and the actual market price they receive, reflecting the benefit to producers from selling at a higher price.

Tax

A fundamental fiscal obligation or alternative sort of levy placed upon a taxpayer by a government power, promoting government funding and assorted investments in public infrastructure.