In the U.S., government regulators most often make use of ________ in deciding how to manage...

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In the U.S., government regulators most often make use of ________ in deciding how to manage...

In the U.S., government regulators most often make use of ________ in deciding how to manage resources.

ultimatums

marshall law

economic principles

seisure of private property

referenda (referendums)

The ratio of reserves to annual production (R/P) is an indication of:

the number of years the known reserves will last

the effect of non-OPEC countries on total world production

the price/barrel as determined by the total output around the world

how much energy countries are allowed to hold in reserve

how much oil each OPEC country is allowed to produce

Globally, the world's ratio of reserves to annual production for oil, gas, and coal are currently:

51, 57, and 125 years respectively

125, 51, and 57 years respectively

125, 154, and 51 years respectively

51, 125, and 57 years respectively

11, 17, and 75 years respectively

Nuclear power supplies about _______ of all electricity in Europe.

two-thirds

one-half

one-fifth

one-third

three-fourths

business economics

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Answer 1

Answer #1

1) Option C

Economic principles.

In the us government regulators most often make use of economic principles in deciding how to manage resources.
They make use of rationality, costs, benefits, increments, etc to manage resources.
These are the fundamental economic principles

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