With respect to the shortage of raw materials, oil is classified as ________ resources.
A) infinite
B) near finite
C) absolute
D) finite nonrenewable
E) finite renewable

Question

Quizplus · Accepted Answer

Oil is a finite nonrenewable resource, meaning that it cannot be replenished within a short period of time and is being depleted faster than it is being produced. Once it is used up, it will be gone forever. This makes it a valuable but limited resource, and its scarcity can lead to supply chain disruptions and higher prices.

With Respect to the Shortage of Raw Materials, Oil Is