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Describe the four phases of group development, and what is expected to occur in each phase.
Extraction Costs
The expenses associated with removing natural resources from the earth, such as mining for metals or drilling for oil.
User Costs
The cost of using a product or service, not just its purchase price but including maintenance, operating, and opportunity costs.
Renewable Resources
Natural resources that can be replenished over short periods of time, such as solar energy, wind, and biomass.
Harvest Rates
The quantity or percentage of a natural resource that is removed or harvested from its source within a certain time period.
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