Economics of renewable resources, Public Economics

Economics of Renewable Resources

Renewable resources are different from exhaustible resources in that the former is regenerated naturally and hence stock need not always decrease whenever harvesting takes place. However, if the harvesting rate far exceeds the natural regeneration rate then it may lead to a situation of stock going below the threshold level so that further regeneration is not possible.

In such instances, further harvesting would lead to extinction of the resources. Examples of renewable resources are

  1. Forest
  2. Marine resource
  3. Water

 

Posted Date: 12/19/2012 12:14:37 AM | Location : United States







Related Discussions:- Economics of renewable resources, Assignment Help, Ask Question on Economics of renewable resources, Get Answer, Expert's Help, Economics of renewable resources Discussions

Write discussion on Economics of renewable resources
Your posts are moderated
Related Questions
Draw a simple circular flow of income model for a private sector economy.  Label all of the flows, as well as the markets where all exchanges take place.  Describe the exchanges, a

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

need assignment on supply and money

Suppose the firm mark up over the cost is 10% and the wage setting equation is W=P (1-u) where U is the unemployment rate. a) Find out the real wage rate implied by the price se

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

The major economies in the world are in a deep recession although there are some signs of growth. What implications has such a recession had for international business? How have go

As we know now that in policy process, policy outcome may differ from the social planner outcome not only because different policies may be chosen but because a given policies may

study guide for Magruder''s American Government. the tests are supper hard

Consider the Edgeworth box with the production of consumption goods B and health- investment goods I. (a) Briefly explain the derivation of the contract curve. (b) How does one der