Asked by
Nicholas Fetterman
on Nov 26, 2024
Verified
The primary focus of natural resource economics is to develop policies for harvesting or extracting natural resources that
A) minimize the net costs from doing so.
B) maximize the net benefits from doing so.
C) minimize the negative externalities of doing so.
D) maximize the positive externalities of doing so.
Natural Resource Economics
A branch of economics that studies the optimal use and management of natural resources.
Harvesting
The process of gathering ripe crops from the fields, or in a broader business context, the act of capturing value from a business initiative or venture once it has matured.
- Comprehend the objectives of natural resource economics towards maximizing net benefits and minimizing externalities.
Verified Answer
DS
Learning Objectives
- Comprehend the objectives of natural resource economics towards maximizing net benefits and minimizing externalities.
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