As an energy source, fossil fuels have had an advantage because of their ["low", "high"]  cost and relatively high ["availability", "net energy", "suitability"]  , a measure of available energy after accounting for the energy involved in extraction and production.   This has resulted in approximately ["60", "40", "80", "20"]  percent of the world’s energy currently being provided by fossil fuels.

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter1: Introducing The Economic Way Of Thinking
Section: Chapter Questions
Problem 10SQ
icon
Related questions
Question

As an energy source, fossil fuels have had an advantage because of their ["low", "high"]  cost and relatively high ["availability", "net energy", "suitability"]  , a measure of available energy after accounting for the energy involved in extraction and production.

 

This has resulted in approximately ["60", "40", "80", "20"]  percent of the world’s energy currently being provided by fossil fuels.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Renewable And Exhaustible Natural Resources
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MACROECONOMICS FOR TODAY
MACROECONOMICS FOR TODAY
Economics
ISBN:
9781337613057
Author:
Tucker
Publisher:
CENGAGE L
Survey Of Economics
Survey Of Economics
Economics
ISBN:
9781337111522
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Economics For Today
Economics For Today
Economics
ISBN:
9781337613040
Author:
Tucker
Publisher:
Cengage Learning
Micro Economics For Today
Micro Economics For Today
Economics
ISBN:
9781337613064
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Microeconomics: Private and Public Choice (MindTa…
Microeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506893
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Economics: Private and Public Choice (MindTap Cou…
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning