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
Answer:
(Hope this helps can I pls have brainlist (crown)☺️)
Explanation:
Answer:
<u>Longitude </u>measure the distance east to west of the prime meridian that runs through greenwich england. Degrees are denoted by the greek word lamba.
Explanation:
- Longitude gives us an angular measurement from 0 to 180 degrees. Subdivided into 60 minutes and 60 seconds. As longitude is singular at the poles.
- Earth's tectonic plates move relative to one another in different directions at the speed of 50 to 100mm per year so the movement sin tectonic plates influence the latitudinal rotation which changes from year to year.
- These vertical lines define the places on the earth with their approximate sea level surfaces. The longitudinal belt is the equator at the zero degrees largest longitude on earth.
Answer:
1 ) the name of the largest continent is " Asia "
2 ) The Equator passes through 13 countries: Ecuador, Colombia, Brazil, Sao Tome & Principe, Gabon, Republic of the Congo, Democratic Republic of the Congo, Uganda, Kenya, Somalia, Maldives, Indonesia and Kiribati. At least half of these countries rank among the poorest in the world.
3 ) Baku is situated on the western coast of Caspian Sea.
Explanation:
hope it helps
have a nice day : )
