Explain, with diagrams, why a monopolistic non-renewable resource market is biased towards conservation and therefore will increase

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Explain, with diagrams, why a monopolistic non-renewable resource market is biased towards conservation and therefore will increase the ‘life’ of the resource.

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Natural Resource And Environmental Economics

ISBN: 9780321417534

4th Edition

Authors: Roger Perman, Yue Ma, Michael Common, David Maddison, James McGilvray

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