material cost and availability Flashcards

(6 cards)

1
Q

what are short term fluctuations affected by?

A

unbalance between supply and demand

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2
Q

what are long term fluctuations caused by?

A

demand

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3
Q

what is availability of a material affected by?

A

resources
reserves

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4
Q

what are the differences between resources and reserves?

A

resources - all on planet
reserves - known deposits that can be currently extracted

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5
Q

how can consumption of a material change with time?

A

increase exponentially

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6
Q

how can we conserve materials?

A

substitution
recycling of scrap
using scarce materials more economically

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