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Author Question: Explain how continuing technical progress may cause the price of scarce, exhaustible resources to ... (Read 39 times)

lidoalex

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on: Jul 1, 2018
Explain how continuing technical progress may cause the price of scarce, exhaustible resources to fall over time.
 
  What will be an ideal response?

Question 2

Why is the price of a scarce exhaustible resource in a competitive market above the marginal cost of providing a unit of the resource?
 
  What will be an ideal response?
Microeconomics ¦ Perloff ¦ 8th Edition
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karmakat49

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lidoalex

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

alexanderhamilton

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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