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Quiz 23: The Economics of Resources
Path 4
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Question 61
Multiple Choice
Suppose the world demand for iron is about 420,000,000 tons per year. The known global reserves are 100,000,000,000 tons. What is the static reserve for iron?
Question 62
Multiple Choice
Suppose the world demand for silver is about 343,750,000 troy ounces per year. The known global reserves are 5,500,000,000 troy ounces. What is the static reserve for silver?
Question 63
Multiple Choice
The population of the United States in 1700 was about 600,000,000. In 2000, the population was about 6,000,000,000. What was the average growth rate over that period?
Question 64
Multiple Choice
Suppose the world demand for copper is about 8,600,000 tons per year. The known global reserves are 308,000,000 tons. The demand for copper is increasing at a rate of 4.6%. What is the exponential reserve for copper?
Question 65
Multiple Choice
Suppose the world demand for silver is about 343,750,000 troy ounces per year. The known global reserves are 5,500,000,000 troy ounces. The demand for silver is increasing at a rate of 2.7%. What is the exponential reserve for silver?
Question 66
Multiple Choice
Use the following reproduction curve for a population to answer the Questions Units are in thousands.
-The maximum sustainable yield is approximately:
Question 67
Multiple Choice
The population of Ontario in 1997 was about 11,249,500. In 2001, the population was about 11,874,400. What was the average growth rate over that period?
Question 68
Multiple Choice
The half-life of iron-59 is 45 days. After three months, how much of a 72-gram sample of iron-59 is left?
Question 69
Multiple Choice
Suppose the world demand for cobalt is about 16,360,000 pounds per year. The known global reserves are 1,800,000,000 pounds. The demand for cobalt is increasing at a rate of 1.5%. What is the exponential reserve for cobalt?
Question 70
Multiple Choice
Suppose the world demand for copper is about 8,600,000 tons per year. The known global reserves are 308,000,000 tons. What is the static reserve for copper?
Question 71
Multiple Choice
Suppose the world demand for cobalt is about 16,360,000 pounds per year. The known global reserves are 1,800,000,000 pounds. What is the static reserve for cobalt?
Question 72
Multiple Choice
Iodine-131 has a half-life of eight days. A sample that originally contained 10 grams of iodine-131 now contains 1 gram. How much time elapsed between the two measurements?
Question 73
Multiple Choice
Suppose the world demand for iron is about 420,000,000 tons per year. The known global reserves are 100,000,000,000 tons. The demand for iron is increasing at a rate of 1.8%. What is the exponential reserve for iron?
Question 74
Multiple Choice
Use the following information to answer the Questions A radioactive element used in medicine has a physical half-life
H
p
H_{p}
H
p
ā
(the time in which half of any quantity of the element decays) and a biological half-life
H
b
H _ { b }
H
b
ā
(the time in which half of an amount of this element in the body is excreted) . The effective half-life
H
e
H _ { e }
H
e
ā
is calculated from
1
H
e
=
1
H
p
+
1
H
b
.
\frac { 1 } { H _ { e } } = \frac { 1 } { H _ { p } } + \frac { 1 } { H _ { b } } .
H
e
ā
1
ā
=
H
p
ā
1
ā
+
H
b
ā
1
ā
.
-The physical half-life of iron-59 is 45 days and its biological half-life is 600 days. Find the effective half-life of iron-59.
Question 75
Multiple Choice
If
Ā
H
p
\ { H } _ { p }
Ā
H
p
ā
is much larger than
H
b
H _ { b }
H
b
ā
for a particular element, then
H
e
H _ { e }
H
e
ā
is approximately equal to:
Question 76
Multiple Choice
Use the following information to answer the Questions A radioactive element used in medicine has a physical half-life
H
p
H_{p}
H
p
ā
(the time in which half of any quantity of the element decays) and a biological half-life
H
b
H _ { b }
H
b
ā
(the time in which half of an amount of this element in the body is excreted) . The effective half-life
H
e
H _ { e }
H
e
ā
is calculated from
1
H
e
=
1
H
p
+
1
H
b
.
\frac { 1 } { H _ { e } } = \frac { 1 } { H _ { p } } + \frac { 1 } { H _ { b } } .
H
e
ā
1
ā
=
H
p
ā
1
ā
+
H
b
ā
1
ā
.
-The physical half-life of sulfur-35 is 87.4 days and its biological half-life is 90 days. Find the effective half-life of sulfur-35.
Question 77
Multiple Choice
Suppose the world demand for chromium is about 1,845,000 tons per year. The known global reserves are 775,000,000 tons. The demand for chromium is increasing at a rate of 2.6%. What is the exponential reserve for chromium?