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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Answer:
Part of a train timetable is shown.
Aberystwyth
Shrewsbury
Birmingham
08 30
10 17
12 30
14 19
13 55
16 05
17 20
a)
Bob catches the 12 30 train from Aberystwyth. He arrives in Shrewsbury 8 minutes late. What time does he arrive in Shrewsbury?
b) How long is Bob's journey from Aberystwyth to Shrewsbury? Give your answer in minutes.
minutes
11 30
15 30
Judy catches the 12 30 train from Aberystwyth.
She arrives in Shrewsbury on time.
She attends a job interview.
She gets back to Shrewsbury station 1 hour and 50 minutes later. Is she back in time to catch the 16 05 train to Birmingham?
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Yaounde is the capital that lies on 48N and 16E.
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Igneous rock can change into sedimentary rock into metamorphic rock. sedimentary rock can change into metamorphic rock or into igneous rock. Metamorphic rock can change into the igneous or sedimentary rock.
