The Market's Role Is to Ensure That Nonrenewable Resources Are

question 28

Multiple Choice

The market's role is to ensure that nonrenewable resources are allocated across time to where they are most highly valued.This implies,if more is used today:

• A)the future supply curve shifts downward.
• B)financial investments offer a lower rate of return.
• C)the return on saving the resource for future use rises.
• D)the expected demand for the resource in the future is low.
• E)technological advancement will guarantee a steady future supply.

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