hhamilton7132 hhamilton7132
  • 19-12-2022
  • Business
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) suppose the price at time zero for an exhaustible resource is 100 dollars, and the mc of extraction is 10 dollars. if the interest rate is 5%, what will the price equal in 50 years if the resource is extracted along the dynamically efficient path and nothing else happens during the 50 year period?

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