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Give explanation of the user cost or scarcity rent to the specific resource with exs.

describe why user cost, or scarcity rent, arises in inter temporal allocation of a dependable resource such as minerals, and some types of energy and aquifer water resources. describe clearly illustrate what the user cost is and illustrate what it would mean with two specific resource exs.  

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M917094

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