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New growth theory is concerned with
Nonrenewable Resource
Natural resources, such as coal, oil, and natural gas, that cannot be replenished at a sustainable rate once consumed.
Conservation Cost
The expenses related to the preservation and protection of natural resources or the environment.
Optimal Extraction
The most efficient rate at which a non-renewable resource should be consumed or used, taking into account sustainability and future value.
Nonrenewable Resource
A natural resource that cannot be readily replaced by natural means on a level quick enough to keep up with consumption.
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