The Fewer Alternative Uses a Resource Has

question 211

Multiple Choice

The fewer alternative uses a resource has,

• A)the greater the proportion of its earnings that is economic rent
• B)the smaller the proportion of its earnings that is economic rent
• C)the more elastic its supply
• D)the more elastic its demand
• E)the less elastic its supply

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Definitions:

World War II Europe

The European theater of World War II, a global conflict lasting from 1939 to 1945 involving most of the world's nations including all the great powers.

Warsaw

The capital and largest city of Poland, known for its resilient history, including significant destruction during World War II and its subsequent rebuilding.

Stalingrad

The Battle of Stalingrad was a pivotal and brutal conflict between Nazi Germany and the Soviet Union during World War II, turning the tide in favor of the Allies on the Eastern Front.

Moscow

The capital city of Russia, known for its historical and political significance, as well as being a major cultural and scientific center.