The primary focus of natural resource economics is to develop policies for harvesting or extracting natural resources that

Question

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The primary focus of natural resource economics is to develop policies that maximize the net benefits from harvesting or extracting natural resources. This means that the benefits should outweigh the costs, taking into account both the economic and environmental impacts of resource use. While minimizing negative externalities (such as pollution) and maximizing positive externalities (such as ecosystem services) are important considerations, they are not the primary focus of natural resource economics.

The Primary Focus of Natural Resource Economics Is to Develop