Three economic principles of natural resource management are
1)
opportunity...
Geography, 05.10.2019 01:00 mlbowman3644
Three economic principles of natural resource management are
1)
opportunity cost; when you make a choice, you lost the opportunity to choose other things
2)
time preference; how fast you can wait for a return on your investment
3)
discount rate; how much you have to invest to get x dollars in the future
4)
all of the above
5)
none of the above
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