ECONOMICS
SCARCITY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following in an example of LAND.
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Coal
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Office Building
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Bulldozer
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Cash Register
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Explanation:
Detailed explanation-1: -Coal is an example of natural resource.
Detailed explanation-2: -Fossil fuel is a generic term for non-renewable energy sources such as coal, coal products, natural gas, derived gas, crude oil, petroleum products and non-renewable wastes. These fuels originate from plants and animals that existed in the geological past (for example, millions of years ago).
Detailed explanation-3: -Fossil fuels-coal, oil and gas-on the other hand, are non-renewable resources that take hundreds of millions of years to form.
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