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Llanis Llanis
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6 years ago
The spread between price and marginal cost of an exhaustible resource must grow by the rate of interest so that
A) resource owners earn a profit.
B) resource owners are willing to sell some of the resource in the future.
C) the price of the resource remains constant in real terms.
D) the marginal cost of extracting the resource declines.
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Microeconomics

Microeconomics


Edition: 6th
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LBCeaLBCea
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Llanis Author
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6 years ago
this is exactly what I needed
tcat
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Yesterday
This helped my grade so much Perfect
derya1234
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2 hours ago
Thank you, thank you, thank you!
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