The price of harvesting a renewable resource does not affect when or how much of a renewable resource will be harvested.

Question

Quizplus · Accepted Answer

The price of harvesting a renewable resource affects the economic viability and incentive for harvesting it, influencing both the timing and quantity of the resource that is harvested. Higher prices can encourage more immediate and extensive harvesting, while lower prices might reduce the incentive to harvest.

The Price of Harvesting a Renewable Resource Does Not Affect