Examlex
Which of the following is true of the cones?
Cost-Benefit Analysis
A comparison of the marginal costs of a project or program with the marginal benefits to decide whether or not to employ resources in that project or program and to what extent.
Future Use
The intention or plan to deploy resources, products, or services at a later date, often considering the long-term benefits or applications.
Conservation
The act of preserving, protecting, or restoring the natural environment, resources, and biodiversity for future generations.
User Cost
The opportunity cost of extracting and selling a non-renewable natural resource today rather than waiting to extract and sell the resource in the future; the present value of the decline in future revenue that will occur because a nonrenewable natural resource is extracted and sold today rather than being extracted and sold in the future.
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