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by jrc2022
1574 days ago
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wikipedia : In economics, the Jevons paradox (/ˈdʒɛvənz/; sometimes Jevons' effect) occurs when technological progress or government policy increases the efficiency with which a resource is used (reducing the amount necessary for any one use), but the rate of consumption of that resource rises due to increasing demand. https://en.wikipedia.org/wiki/Jevons_paradox |
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