Suppose the demand for an exhaustible resource is Q; = 200 pr, the interest rate is 8% the ihtital amount of the resource i5 450.00 pounds and the marginal cost of producing the resource is $20.00. The resource must all be extracted in two periods. The price in the first period will be $ 20.00 The quantity extracted in the rst period will he 180.00 pounds. The price in the second period will be $|:|