Asked by Carly Rosati on Apr 28, 2024
Verified
Which one of the following is a correct description of the relationship between the price of oil and the production of alternative energy sources?
A) As the price of oil falls, the production of alternative energy sources rises.
B) As the price of oil rises, the production of alternative energy sources falls.
C) As the price of oil rises, the production of alternative energy sources rises.
D) As the price of oil falls, the production of alternative energy sources stays the same.
Alternative Energy Sources
Energy sources that are an alternative to traditional fossil fuels, such as solar, wind, hydro, and geothermal power.
Price Of Oil
The cost per barrel of crude oil as determined by global markets, influenced by factors such as supply, demand, geopolitical events, and economic indicators.
Production
The process of creating goods and services from various inputs like labor, technology, and raw materials.
- Acquire knowledge about the significance and sustainability of non-conventional energy sources amidst the exhaustion of standard fuels.
Verified Answer
Learning Objectives
- Acquire knowledge about the significance and sustainability of non-conventional energy sources amidst the exhaustion of standard fuels.
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