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
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
MrsAngelD MrsAngelD
wrote...
Go to Answer
Posts: 322
Rep: 7 0
6 years ago
If a non-renewable resource is scarce, has constant marginal cost of production, and is sold in a competitive market,
A) its price will increase over time.
B) its price will exceed marginal cost.
C) its price will increase by the rate of interest.
D) All of the above.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 49 times
1 Reply
Replies
Answer verified by a subject expert
RumkoRumko
wrote...
#1
Posts: 279
Rep: 7 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

MrsAngelD Author
wrote...

6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Butwhy
wrote...

Yesterday
This helped my grade so much Perfect
Cdfields
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1198 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 7
  
 256
  
 210
Your Opinion
What's your favorite coffee beverage?
Votes: 274
Previous poll results: Who will win the 2024 president election?