Which of the following statements is true regarding nonrenewable natural resources?
A) With proper management, more natural resources can be created.
B) The economy will never run out of the resource since it can always find new supplies as the price rises.
C) Economists can predict with reasonable accuracy when the supply will be depleted.
D) Before the last unit is taken from the earth, the economy is likely to already have abandoned it and switched to another.
E) Water is an example of a nonrenewable natural resource.

Question

Quizplus · Accepted Answer

Nonrenewable natural resources are those that do not replenish quickly enough to meet human consumption. As these resources become scarce and more expensive to extract, economies tend to shift towards alternative resources or technologies, often before the nonrenewable resource is fully depleted. This transition is driven by economic, technological, and environmental factors.

Which of the Following Statements Is True Regarding Nonrenewable Natural