What is
Exhaustible Natural Resources
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Examples of exhaustible natural resources are fossil fuels such as oil, coal, and natural gas, as well as minerals like iron, copper, and aluminium. ... In this chapter, the natural resource causes diminishing returns to capital and labour, and its use will decline over time.
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Answered by
1
Answer:
Examples of exhaustible natural resources are fossil fuels such as oil, coal, and natural gas, as well as minerals like iron, copper, and aluminium. ... In this chapter, the natural resource causes diminishing returns to capital and labour, and its use will decline over time.
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