3 ms·
Economic behavior is not static. Industries use lots of free resources because they're free. It is not possible to say a priori whether they could be profitab
by ef4 14y ago
Economic behavior is not static.
Industries use lots of free resources because they're free.
It is not possible to say a priori whether they could be profitable with different input prices, because there are myriad complex ways to economize and substitute.