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.
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Srivijaya was a Malay city state located in the island of
Sumatra in what is now the country of Indonesia. Srivijaya became a rich cultural
and trading center, and a regional hegemon due to being surrounded by the sea, and its close proximity to Sunda and
Malacca Straits. The straits were important
because much of the trading ships carrying spices, wood, and other raw
materials passes through them. Srivijaya was trading with China and controlled
the straits, making the state very prosperous and powerful. The state has
Buddhism as its main religion, and with its power and richness, established
several pilgrimages and shrines in the city too.
What do you call the lines on a topographic map that indicate the elevation of the land forms?
topographic lines
Answer:
As it located close to the atlantic ocean.
Explanation:
- The Virginia Beach is a coastal city located in southeastern Virginia and is found adjacent to the Atlantic ocean. The beach has a total area of 1,290 km sq. and an elevation of 12 meters. The climate of the place is humid subtropical and has cool summers and warm winters.
