Crane company acquired a tract of land containing an extractable natural resource. crane is required by its purchase contract to restore the land to a condition suitable for recreational use after it has extracted the natural resource. geological surveys estimate that the recoverable reserves will be 242 tons, and that the land will have a value of $94 after restoration. relevant cost information follows: land $744 estimated restoration costs 144 if crane maintains no inventories of extracted material, what should be the charge to depletion expense per ton of extracted material

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.