A theory proposed by Harold Hotelling states that owners of nonrenewable resources will only produce that resource if it wills the yield will have more value than other financial instruments available in the market, such as interest bearing securities and bonds. This assumes such owners are only motivated by profit and that markets are efficient. The theory is used by economists to predict the price of nonrenewable resources like oil, based on prevailing interest rates.
hope u like my answer plz mark as brainliest
thank u
What is involved in the sacred pipe ritual performed during the sun dance ceremony?
A.
individual purification in a sweat lodge
B.
offering of prayers to the four directions, the Earth, and the sky
C.
healing of people through the use of sacred objects
D.
dancing to drumbeats while facing the sun
Answer:An ice age is a period of colder global temperatures and recurring glacial expansion capable of lasting hundreds of millions of years.
Explanation:These global cooling periods begin when a drop in temperature prevents snow from fully melting in some areas. The bottom layer turns to ice, which becomes a glacier as the weight of accumulated snow causes it to slowly move forward. A cyclical pattern emerges in which the snow and ice traps the Earth’s moisture, fueling the growth of these ice sheets as the sea levels simultaneously drop.
“Geography Cat believes that both are very damaging, but that the primary impacts of a tropical storm are more damaging than the secondary impacts. For example, the most devastating primary impact of Typhoon Haiyan, which hit the Philippines in 2013, was the death of 6 300 people.”
