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What is one cost of using renewable energy resources?
You need energy to survive
Why are renewable resources valuable?
they cost little to use
When is transition viable for using renewable energy resources?
Renewable energy resources are already in use, and are viable. Like all energy sources, renewable sources have considerations of cost, availability, and attainability. Attainability factors strongly into the cost of producing energy from the resource. Resources like hydropower are cheap (easily attained), and have been employed for millenia, but the availability of hydropower is limited. Resources like solar power are widely available, but difficult to attain for large-scale energy production. Solar power is often used in small devices. When the overall cost (factored over the life of the production facility) of creating energy from a renewable resource is near to the cost of other resources, then it will be viable to use.
Can you Explain the cost and benefits of renewable and nonrenewable resources?
Bob likes apple pie with his chocolate cocoa
Why does your population continue to rely on natural resources when renewable sources of energy available?
This is a world-wide problem not confined to any particular country; it exists because the cost of non-renewable energy sources is, so far, significantly less than the cost of renewable sources.
What are two benafits of using hydroelectricity?
1. the energy is renewable. 2. low cost
What economic term for what you lose when using resources for something else?
The economic term for what you lose when using resources for something else is known as opportunity cost.
Why do most people use nonrenewable energy instead of renewable resources?
Cost. If there was an alternative that was cost effective the free market would embrace it. Unfortunately there is no cost effective solution. Hold on to your wallets because the solution will be to raise current energy costs to "level" it with more expensive "renewable" sources.
Why does natural resources raise problems for humanity?
non-renewble resources would eventually run out e.g. coal, natural gases, oil Some non-renewable gases produced harmful gases when turned into electricity, plastic, e.t.c renewable resources cost a lot more to substitute for non-reusable resources e.g. wave, wind and solar power
What is the economic terms for what you lose when using resources else?
The economic term for what you lose when using resources for something else is known as opportunity cost.
What is the economic term for what you lose when using resources for something else?
The economic term for what you lose when using resources for something else is known as opportunity cost.
What term is used for what you lose when using resources for something else?
The economic term for what you lose when using resources for something else is known as opportunity cost.
