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?

Name: 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?
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Quizplus · Accepted Answer

The static reserve is calculated by dividing the known global reserves by the annual demand. 308,000,000 tons / 8,600,000 tons per year = 35.81 years.

Suppose the World Demand for Copper Is About 8,600,000 Tons