What Was Learned from the Deepwater Horizon Oil Spill

question 127

Multiple Choice

What was learned from the Deepwater Horizon oil spill?

• A) Never drill in the Arctic Ocean again.
• B) Keep tourists from touching controls.
• C) It was unclear if anything was learned.
• D) The environmental effects were actually negligible.
• E) Whole new technologies of offshore drilling were developed.

---

Definitions:

Demand Schedule

A diagram showing the volume of an item that shoppers intend and can afford to buy across a range of prices.

Income

The financial gain received by an individual or a business in exchange for providing a good or service or through investing capital.

Price

The amount of money required to purchase a good or service, determined by factors such as demand, supply, and production cost.

Law Of Demand

The claim that, other things being equal, the quantity demanded of a good falls when the price of the good rises