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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Zone 9 I think if I’m not mistaken
In <span>the diagram, point D divides line segment AB in the ratio of 5:3. If line segment AC is vertical and line segment CD is horizontal, so the coordinates of C is</span>. (2,-1) In order to get it, you will just simply use the Pythagorean theorem of the distance formula<span />
December 18, 2013
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