If an exhaustible resource is priced at marginal cost that remains constant over time,then
A) all owners of that resource earn rent.
B) the price will stay constant over time.
C) the percent price increase each year equals the rate of interest.
D) the good is relatively scarce.

Question

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The Answer of If an exhaustible resource is priced at marginal cost that remains constant over time,then
A) all owners of that resource earn rent.
B) the price will stay constant over time.
C) the percent price increase each year equals the rate of interest.
D) the good is relatively scarce.

If an Exhaustible Resource Is Priced at Marginal Cost That