Economics (McConnell), AP* Edition, 20th EditionChapter 17:
Natural Resource and Energy EconomicsAfter studying this chapter, you should be able to: LO 17.1 | Explain why falling birthrates mean that we are not likely to run out of natural resources. | LO 17.2 | Describe why using a mix of energy sources is efficient, even if some of them are quite costly. | LO 17.3 | Discuss why running out of oil would not mean running out of energy. | LO 17.4 | Show how the profit motive can encourage resource conservation. | LO 17.5 | Relate how to use property rights to prevent deforestation and species extinction. |
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