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plz answer Economics Assume that a country is endowed with 30 units of oil reserve. (a) the marginal willingness to pay for oil in each

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Economics Assume that a country is endowed with 30 units of oil reserve. (a) the marginal willingness to pay for oil in each period is given by P = 14 0.53q (b) the marginal cost of extraction of oil is constant at $2 per unit (c) the discount rate is 1% (d) the marginal cost of renewable energy is $9, where c

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