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Geography, 05.10.2019 01:00 mlbowman3644

Three economic principles of natural resource management are

1)

opportunity cost; when you make a choice, you lost the opportunity to choose other things
2)

time preference; how fast you can wait for a return on your investment
3)

discount rate; how much you have to invest to get x dollars in the future
4)

all of the above
5)

none of the above

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Three economic principles of natural resource management are

1)

opportunity...

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