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Economics of Renewable Resources
Renewable resources are different from exhaustible resources in that the former is regenerated naturally and hence stock need not always decrease whenever harvesting takes place. However, if the harvesting rate far exceeds the natural regeneration rate then it may lead to a situation of stock going below the threshold level so that further regeneration is not possible.
In such instances, further harvesting would lead to extinction of the resources. Examples of renewable resources are
what is an effect of nationalization on a business?
The other type is called ex-post heterogeneity which refer to the conflict (of interests) arising due to distributional implications of the public policy. Thus when a public polic
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What are the objectives of pubic finance
WHAT ARE THE PRINCIPLES OF MULTI-UNIT FINANCE?
Q. Relationship between individual preference and social choice? Social Choice is a very kindred area. Some people don't make any distinction between the two while others make.
Question 1: ‘Public Relations professionals must understand how public opinion is formed, how it evolves from people's attitudes, and how it is influenced by communication.' D
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