Answer:
The most striking feature of the oil market is the low price elasticity of demand.
The supply of oil is also fairly inelastic.
Oil price swings tend to be dramatic and often impact the rest of the economy.
Answer:
The oldest rocks of the oceanic crust are found in deep ocean trenches far away from active mid-ocean ridges.
Explanation:
Beginning in the late 1940s, oceanic expeditions continued to map the Atlantic ocean floor using new equipment and collecting thousands of rock samples. These works made it possible to map a gigantic system of submarine mountain ranges, called meso-ocean ridges. By perfecting the method of dating rocks, scientists have been able to determine the true age of seabed rocks. They found that the closer to the mid-ocean ridge the rocks were much younger than imagined, while rocks close to the continents were increasingly older, thus corroborating the Continental Drift.
Answer:
The true statement is option D. The two major factors determining the Earth's temperature are the Earth-Sun distance and the concentration of oxygen in the atmosphere.
Explanation:
The distance between the sun and the Earth is one of the factors that determines the temperature of the planet. The energy from the sun travels to the Earth, increasing the temperature.
The other fact that has a role in the Earth's temperature is the concentration of oxygen in the atmosphere. It can increase or decrease the temperature according to the amount of this. Oxigen contributes to the greenhouse effect, which helps to keep the temperature in a range that allows life to happen.
Natural resources made people be able to live their life and it all had to do with their geography
