Question

explain the energy ladder in your own words.​

Answer 1

Explanation:

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Answer 2

Answer:

The energy ladder was designed as a hierarchical relationship between households' rise in economic status and the fuel type(s) they use for cooking and heating. According to consumer economic theory, when the income increases, the consumer usually chooses to purchase more “superior” goods and less “inferior” goods.Consider a simple unitary household model where households choose between purchasing dirty fuel and other consumption (including One common hypothesis is that economic growth shifts households towards better fuel: the so-called “Energy Ladder.” In theory, however, the relationship between an increase in economic well- ...