Suppose the World Demand for Chromium Is About 1,845,000 Tons

question 25

Multiple Choice

Suppose the world demand for chromium is about 1,845,000 tons per year and the static reserve is 420. If the demand for chromium is increasing at a rate of 2.6%, what is the exponential reserve for chromium?

• A) 21.62
• B) 35.81
• C) 65.47
• D) 96.55

---

Definitions:

Charitable Goods

Items donated to or produced by charitable organizations for the purpose of supporting their missions, often distributed to those in need or sold to raise funds.

Tax-exempt

Not subject to tax by federal or local authorities, often applicable to certain organizations, incomes, or properties.

Common

A term indicating something that is usual, typical, or shared among multiple entities.

Free

Referring to something that is provided without charge or cost.