Why do you think economists have tended to ignore energy in their basic equations? Were they justified

Question:

Why do you think economists have tended to ignore energy in their basic equations? Were they justified in doing that?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Energy And The Wealth Of Nations An Introduction To Biophysical Economics

ISBN: 305503

2nd Edition

Authors: Charles A S Hall ,Kent Klitgaard

See More Books

Question Posted: Sep 20, 2024 06:04 AM

See More Questions

CMOS Chips is hedging a 20-year, $21 million, 8% bond payable with a 20-year interest rate swap and has designated the swap as a fair value hedge. The agreement called for CMOS to receive payment...
You are a tournament director and need to arrange a round robin tournament among N = 2k players. In this tournament, everyone plays exactly one game each day; after N 1 days, a match has occurred...
One of the highlights of Sharika's concert is her daredevil swan dive into the audience from a height of 2 m above the crowd's outstretched hands. If her mass is 60 kg, and the time of her dive is...
Why do you think economists have tended to ignore energy in their basic equations? Were they justified in doing that?
A molded plastic product (p = 1200 kg/m 3 c = 1500 J/kg K, k = 0.30 W/m K) is cooled by exposing one surface to an array of air jets, while the opposite surface is well insulated. The product may...
U.S. Tax rate is 21% This is all the information given. Sombrero Corporation, a U.S. corporation, operates through a branch in Espania. Management projects that the company's pretax income in the...
Can you think of a peak oil situation that occurred 150 years ago? Does that have any relevance today?
Where did the early group of economists known as the physiocrats believe that wealth came from?
Iodic acid, HIO3, can be prepared by oxidizing elemental iodine with concentrated nitric acid, which is reduced to nitrogen dioxide, NO2(g). Write the balanced equation for the reaction.
9. Effects of portfolio size on portfolio risk The following graph plots portfolio risk against the size of the portfolio as measured by the number of stocks in the portfolio. (Hint: Hover the mouse...
MGT-445: Ethical & Legal Business Concepts In your Bible, read: 2 Corinthians 8:7 Colossians 3:23-24 Navigate to the threaded discussion and use clear, critical thinking to discuss the following: How...
While the operational experience of basic branch service members is critical to moving the work of CDIDs forward, the process expertise provided by __________ is critical. A. Joint Staff and General...
In independent random samples of 15 men and 15 women, the numbers of minutes spent in front of an electronic device are given by the back-to-back stemplot below: Men Women H 12 35 8 13 4 14 15 2367...
Professional Skepticism Case I was a senior working on a public company audit engagement. As part of our risk assessment, we evaluated the compensation and performance management process of a...
Find the vector potential above and below the plane surface current in Ex. 5.8.
Find the equations of the ellipses satisfying the given conditions. The center of each is at the origin. Passes through (2, 2) and (1, 4)
What recent evidence about bundled payment programs can you find? Are they growing? Are they saving money? Do enrollees seem to like the care they get? Is the quality of care good?
What recent evidence about medical homes can you find? Are they growing? Are they saving money? Do enrollees seem to like the care they get? Is the quality of care good?
What recent evidence about the performance of ACOs can you find? Are they growing? Are they saving money? Do enrollees seem to like the care they get? Is the quality of care good?

Why do you think economists have tended to ignore energy in their basic equations? Were they justified

Question:

Step by Step Answer:

Energy And The Wealth Of Nations An Introduction To Biophysical Economics

Students also viewed these Business questions