Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 17 - Natural Resource and Energy Economics - Discussion Questions - Page 402: 5

Answer

The second person is right.

Work Step by Step

The concern with energy is not getting the energy as much as it is getting it for a low cost. After all, there are many options like solar power, wind power, and nuclear power that are more expensive, but they are also renewable and green.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.