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The Supply of a Nonrenewable Natural Resource Is Determined by All

Question 86

Multiple Choice

The supply of a nonrenewable natural resource is determined by all of the following factors except


A) the value of marginal product.
B) the known reserves of the natural resource.
C) the scale of current production facilities.
D) the expected future price.
E) all of the above determine supply of a nonrenewable resource.

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