Suppose we are comparing two ways of increasing nonfossil fuel energy production: expanding solar arrays (short run)
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Suppose we are comparing two ways of increasing nonfossil fuel energy production: expanding solar arrays (short run) or developing new nuclear power technology (much longer run).
How would changes in the discount rate be likely to affect the comparison among these two options?
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Related Book For
Environmental Economics An Introduction
ISBN: 978-1260575491
8th Edition
Authors: Barry C. Field ,Martha K Field Economia Ambiental
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