What determines which part of a known ore supply is extracted and used?
A) economics
B) geology
C) tax laws
D) subsidies
E) environmental regulations

Question

What determines which part of a known ore supply is extracted and used?​
A) ​economics
B) ​geology
C) ​tax laws
D) ​subsidies
E) ​environmental regulations

Quizplus · Accepted Answer

The economics of mining, including the cost of extraction and processing compared to the market value of the extracted metal, is the primary determining factor in which part of an ore supply is extracted and used. Geographic location, accessibility, and the specific characteristics of the geology may also play a role in determining which areas are targeted for extraction, but ultimately it is the economics that determine whether it is profitable to mine a particular area. Tax laws, subsidies, and environmental regulations may impact the costs associated with mining, but they do not directly determine which part of an ore supply is targeted for extraction.

What Determines Which Part of a Known Ore Supply Is