how does the economy influence energy source choices

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Ryynonol

Humanities

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how does the economy influence energy source choices

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With a low equilibrium point, there will less distribution of product resulting in the usage of electricity to be suppressed. For example. when the value of power sources goes down, there will be a greater use of it, and with a economy above the equilibrium point, it will have consumers look for more alternative energy to use in replace of the high cost in general electricity to either solar, water, or reduction of usage of electricity


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