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What else can I help you with?
How much do higher gasoline prices contribute to inflation?
It's the contrary, inflation contributes to higher gasoline prices. But not so much as everybody thinks. The major cause for increasing gasoline prices is the resource. Less resource for higher demand, higher prices
What factors affect resource demand?
There are a number of factors that affect resource demand. Some of them include amount of labor, income prices of the related aspects, availability of the resources and so much more.
What is the different between shortage and surplus?
A shortage is when there is a LACK (not enough) of that particular resource/product/item. A surplus is when there is EXCESS, or too much of a resource/product/item.
Is glass a capital resource?
Oh, dude, like, technically speaking, glass is considered a capital resource because it's a man-made material used in production processes. So, yeah, I guess you could say that. But hey, don't stress too much about it - it's just glass, man.
How are prices set in terms of scarcity?
Prices are primarily determined by the principles of supply and demand, where scarcity plays a crucial role. When a resource is scarce, meaning its availability is limited relative to the demand for it, prices tend to increase as consumers are willing to pay more to obtain it. Conversely, if a resource is abundant and easily accessible, prices typically decrease as supply exceeds demand. Thus, scarcity directly influences pricing by affecting how much consumers are willing to pay and how much producers are willing to supply.
A resource that forms at a much slower rate than the rate it is consumed?
Natural resources, such as coal or oil. These are formed over immense periods of time. Other resources, such as wood, can be grown again relativly quickly, so consumption can be moderated to the new growth rate ensuring a sustainable resource.
Is silver a nonrenewable or renewable natural resource?
Silver is classified as a nonrenewable natural resource. It is extracted from the earth's crust through mining processes, and its supply is limited. While new silver deposits may be discovered, the rate at which they can be replenished is much slower than the rate at which silver is consumed.
What is the means non renewable resource?
A non-renewable resource is a natural resource which cannot be produced, grown, generated, or used on a scale which can sustain its consumption rate. These resources often exist in a fixed amount, or are consumed much faster than nature can create them
What is a resource that forms more slowly than the rate of which it is used?
Fossil fuels such as coal, oil, and natural gas form over millions of years, making them resources that are consumed much faster than they are naturally generated. This leads to the concern of these resources running out if their usage is not managed sustainably.
How much electricity is consumed at an abattoir?
No electricity is consumed at a abattoir.
Why do fish move slower in cold water?
Fish move slower in cold water as it slows down their metabolism to allow them to reserve as much energy as they can for the long term. This is the case for Koi for example if they are in a pond and live in a climate where ice forms on the top.
Is coal an inexhaustible resource?
No, coal is not an inexhaustible resource. It is a finite fossil fuel that is non-renewable, meaning it takes millions of years to form and currently is being consumed much faster than it is being produced. Once coal reserves are depleted, they cannot be replenished in our lifetime.
Wish of the following is a nonrenewable resource?
A nonrenewable resource is a natural resource that cannot be replenished within a human timescale once it is depleted. Examples include fossil fuels like coal, oil, and natural gas, as well as minerals such as gold and copper. These resources take millions of years to form and are consumed much faster than they can be replaced.
Do reflexes change with age?
normally as you get older your reflexes are much slower because your brain is much slower.
How much turkey is consumed a year?
On Thanksgiving, 675 million pounds of turkey are consumed.
How much energy is consumed by water heat during washing?
consumed ya mum
How much orange juice is consumed?
answer
