2001 2002 2003 2004 2005 2006 2007 2008 Identify the trend shown in Graph 2 Describe one reason why the United States has a higher per capita energy use than China Discuss the benefits and limitations of using energy use per capita to analyze global energy trends

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter11: Price And Output Determination: Monopoly And Dominant Firms
Section: Chapter Questions
Problem 1E
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Graph 1
Graph 2
Energy Use per Capita
China's economy drives increase in energy consumption
quadrilion British thermal units
125
trillion U.S.
7012
total energy consumption
100
GDP (real 2000 dollars)
75
2029
50
25
Germany
France
2001
2002 2003 2004 2005 2006 2007 2008 2009
A. Identify the trend shown in Graph 2
E. Describe one reason why the United States has a higher per capita energy use than China
Discuss the benefits and limitations of using energy use per capita to analyze global energy trends
20
Paksta
India
donesa
Transcribed Image Text:Graph 1 Graph 2 Energy Use per Capita China's economy drives increase in energy consumption quadrilion British thermal units 125 trillion U.S. 7012 total energy consumption 100 GDP (real 2000 dollars) 75 2029 50 25 Germany France 2001 2002 2003 2004 2005 2006 2007 2008 2009 A. Identify the trend shown in Graph 2 E. Describe one reason why the United States has a higher per capita energy use than China Discuss the benefits and limitations of using energy use per capita to analyze global energy trends 20 Paksta India donesa
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