ECONOMICS (CBSE/UGC NET)

ECONOMICS

SCARCITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following in an example of LAND.
A
Coal
B
Office Building
C
Bulldozer
D
Cash Register
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.

There is 1 question to complete.