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Higher prices for fossil fuels (coal, oil and natural gas) would encourage more companies to invest in renewable energy (solar, wind, water, hydro, tidal and wave, geothermal, ocean thermal, biomass, biofuel and hydrogen). The price of renewable energy would become competitive with fossil fueled electricity, so more renewable energy would be used.
As fossil fuel use damages the environment (global warming and climate change), then using less of it will slow global warming and lead to a happier future for the earth.
What else can I help you with?
What is one drawback to consumer-protection regulations?
Higher costs for production, leading to higher consumer prices.
How does the consumer surplus in a monopoly compare to that in perfect competition?
In a monopoly, consumer surplus is typically lower compared to perfect competition. This is because monopolies have more control over prices and can charge higher prices, reducing the benefit consumers receive from purchasing goods or services.
Which of the following is not a benefit brought to the consumer by online sales?
higher prices due to shipping
What is the difference between producer surplus and consumer surplus?
Producer surplus is the difference between the amount producers receive for a good or service and the minimum amount they would be willing to accept, reflecting their benefit from selling at a higher price. In contrast, consumer surplus is the difference between what consumers are willing to pay for a good or service and what they actually pay, indicating their benefit from purchasing at a lower price. Together, these surpluses measure the overall economic welfare in a market.
An increase in the demand for gasoline today caused by concerns that gasoline prices will be higher tomorrow is most likely attributable to consumer expectations or consumer preferences?
consumer preference
What is one benefit of consumer protection regulations (Apex)?
Higher prices charge by producers
What is one drawback to consumer-protection regulations?
Higher costs for production, leading to higher consumer prices.
How does the consumer surplus in a monopoly compare to that in perfect competition?
In a monopoly, consumer surplus is typically lower compared to perfect competition. This is because monopolies have more control over prices and can charge higher prices, reducing the benefit consumers receive from purchasing goods or services.
Which of the following is not a benefit brought to the consumer by online sales?
higher prices due to shipping
What advantage of specialty consumer auctions?
Specialty consumer auctions offer the advantage of targeting niche markets, allowing buyers to find unique and specific items that may not be available through traditional retail channels. These auctions attract passionate collectors and enthusiasts, fostering a competitive environment that can drive prices higher and create excitement. Additionally, sellers benefit from reaching a motivated audience willing to pay a premium for hard-to-find items. Overall, specialty consumer auctions create a tailored marketplace that enhances the buying and selling experience.
What is a higher consumer?
A Highest order consumer is the top of the food chain. They are eaten by nothing and eat everything .
What is the difference between producer surplus and consumer surplus?
Producer surplus is the difference between the amount producers receive for a good or service and the minimum amount they would be willing to accept, reflecting their benefit from selling at a higher price. In contrast, consumer surplus is the difference between what consumers are willing to pay for a good or service and what they actually pay, indicating their benefit from purchasing at a lower price. Together, these surpluses measure the overall economic welfare in a market.
If fossil fuel usage increases then global carbon dioxide content will (increasedecrease)?
If fossil fuel usage increases, global carbon dioxide content will increase. This is because burning fossil fuels releases carbon dioxide as a byproduct, contributing to higher concentrations of greenhouse gases in the atmosphere. As CO2 levels rise, it can exacerbate climate change and its associated impacts on the environment and weather patterns.
What can be added to an insurance policy to allowed the insured to receive a higher benefit?
Double indemnity can be added to an insurance policy to allow the insured to receive a higher benefit.
What can be added to an insurance policy to allow the insured to receive a higher benefit-?
Double indemnity can be added to an insurance policy to allow the insured to receive a higher benefit.
What eats an consumer?
Consumers higher up on the food chain.
An increase in the demand for gasoline today caused by concerns that gasoline prices will be higher tomorrow is most likely attributable to consumer expectations or consumer preferences?
consumer preference
