A non renewable resource stock of 100 units,

Reference no: EM131029654

A non renewable resource stock of 100 units, Two periods, Discount rate 10%, Demand (MB) is the same in each period P=80-q

Constant MEC=10

competitive industry, profit maximizing firms

using this information show the market allocation of the resource across the 2 periods.

Reference no: EM131029654

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