× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
Llanis Llanis
wrote...
Posts: 626
Rep: 0 0
6 years ago
If an exhaustible resource is priced at marginal cost that remains constant over time, then
A) all owners of that resource earn rent.
B) the price will stay constant over time.
C) the percent price increase each year equals the rate of interest.
D) the good is relatively scarce.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 60 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
C
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1205 People Browsing
Related Images
  
 394
  
 70
  
 509
Your Opinion
What's your favorite coffee beverage?
Votes: 274