Question: The difference between a renewable and a nonrenewable resource is that the renewable resource can be replenished. Is there a difference between the markets for

The difference between a renewable and a nonrenewable resource is that the renewable resource can be replenished. Is there a difference between the markets for the two types of resources? What is the ‘‘optimal’’ rate of use of either renewable or nonrenewable resources?

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Yes there are differences between the markets for renewable and nonrenewable resources primarily due to the contrasting nature of their availability and replenishment These differences can affect the ... View full answer

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