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pirex pirex
wrote...
Posts: 634
6 years ago
The growth over time in the spread between price and marginal cost of an exhaustible resource is equal to
A) zero.
B) one.
C) the interest rate.
D) the present value of the reserves.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 39 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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Answer verified by a subject expert
ChronosChronos
wrote...
Posts: 404
Rep: 2 0
6 years ago
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pirex Author
wrote...

6 years ago
Brilliant
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
You make an excellent tutor!
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