|
- UID
- 223284
- 帖子
- 248
- 主题
- 116
- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-23
|
Okay, so regarding natural resources...
The CFAI text says that the supply of a nonrenewable resource (oil) is perfectly elastic, while the supply of the renewable resource (wind) is perfectly inelastic.
How is this possible? A nonrenewable resource, by definition, has a finite supply (albeit in the ground), whereas a renewable resource has an unlimited supply. For instance, if I wanted to harness wind for electrical power, I could always build more wind farms.
- Robert |
|
发表于 2011-7-11 15:11
|