Which of the Following Items Is Not Used by Natural

question 78

Multiple Choice

Which of the following items is not used by natural resource companies to estimate the asset value of natural resources over the life of the resource,e.g., oil or coal?

• A) Reserves.
• B) Depletion rate.
• C) Reclamation expense.
• D) Restoration rate

---

Definitions:

Optimal Point

The most favorable or advantageous condition or value of a variable determined within a given set of constraints.

Marginal Benefits

The added pleasure or value that comes from the additional consumption or production of a good or service unit.

Marginal Costs

The supplementary cost involved in the production of one more unit of a product or service.

Production Possibilities Curve

A graph that shows the maximum number of possible units of two commodities that a economy can produce with available resources and technology.