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Environmental & Natural Resource Economics 10th Edition by Thomas Tietenberg,Lynne Lewis
Edition 10ISBN: 978-1292060798Environmental & Natural Resource Economics 10th Edition by Thomas Tietenberg,Lynne Lewis
Edition 10ISBN: 978-1292060798 Exercise 1
current practice is to calculate the years remaining for a depletable resource by taking the prevailing estimates of current reserves and dividing it by current annual consumption. How useful is that calculation? Why?
Explanation
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The model where the current estimates of...
Environmental & Natural Resource Economics 10th Edition by Thomas Tietenberg,Lynne Lewis
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