I. Managing Scarcity: Fill-up and complete the table below. The first number is given as your guide. Substitute Resource(sG) That May be Used Scarce Resource That Key Use(s) of this Scarce Resource Alternative Measures to Better Need to be Managed Managed the Resource 1) Fossil Fuels a) Transportation a) Biogas a) Energy-Saving Devices (crude oil, coal) (Power Booster) b) Manufacturing b) Solar Energy b) Daylight Saving Time Plants (DST) c) Energy-Saving Practices c) Electric Power c) Wind Power (Putting off lights when not needed or in use) 2) b) b) b) c) 3) a) a) b) b) c) c)
I. Managing Scarcity: Fill-up and complete the table below. The first number is given as your guide. Substitute Resource(sG) That May be Used Scarce Resource That Key Use(s) of this Scarce Resource Alternative Measures to Better Need to be Managed Managed the Resource 1) Fossil Fuels a) Transportation a) Biogas a) Energy-Saving Devices (crude oil, coal) (Power Booster) b) Manufacturing b) Solar Energy b) Daylight Saving Time Plants (DST) c) Energy-Saving Practices c) Electric Power c) Wind Power (Putting off lights when not needed or in use) 2) b) b) b) c) 3) a) a) b) b) c) c)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![I. Managing Scarcity: Fill-up and complete the table below. The first number is given as your guide.
Scarce Resource That
Key Use(s) of this
Scarce Resource
Substitute Resource(s)
That May be Used
Alternative Measures to Better
Need to be Managed
Managed the Resource
1) Fossil Fuels
a) Transportation
a) Biogas
a) Energy-Saving Devices
(crude oil, coal)
(Power Booster)
b) Manufacturing
b) Solar Energy
b) Daylight Saving Time
Plants
(DST)
c) Energy-Saving Practices
c) Electric Power
c) Wind Power
(Putting off lights when
not needed or in use)
2)
a)
c)
c)
c)
3)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F03f7c282-fa8c-4c68-b2f1-360b9d9a8c8e%2Fdc020773-eef2-4a2f-b871-da0cb5914c06%2F1y0m1qi_processed.png&w=3840&q=75)
Transcribed Image Text:I. Managing Scarcity: Fill-up and complete the table below. The first number is given as your guide.
Scarce Resource That
Key Use(s) of this
Scarce Resource
Substitute Resource(s)
That May be Used
Alternative Measures to Better
Need to be Managed
Managed the Resource
1) Fossil Fuels
a) Transportation
a) Biogas
a) Energy-Saving Devices
(crude oil, coal)
(Power Booster)
b) Manufacturing
b) Solar Energy
b) Daylight Saving Time
Plants
(DST)
c) Energy-Saving Practices
c) Electric Power
c) Wind Power
(Putting off lights when
not needed or in use)
2)
a)
c)
c)
c)
3)
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