Recall Application 1, "Energy Price Uncertainty Reduces Investment Spending," to answer the following questions:
-Investment in energy saving technology is more profitable the larger the uncertainty regarding the prices of oil in the future.

Question

Quizplus · Accepted Answer

Investment in energy-saving technology is less profitable with larger uncertainty in future oil prices because the unpredictability increases risk, making it harder to justify the investment.

Recall Application 1, "Energy Price Uncertainty Reduces Investment Spending," to Answer