The cost of not being able to extract and sell a nonrenewable resource in the future (because it is being extracted in the present)is known by natural resource economists as the

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Quizplus · Accepted Answer

The cost of not being able to extract and sell a nonrenewable resource in the future because it is being extracted in the present is known as the user cost. This concept reflects the opportunity cost of depleting a nonrenewable resource now, which means it won't be available for future use or sale.

The Cost of Not Being Able to Extract and Sell