Week 2 Assignment: Cost-Depletable Resources
PLEASE DO NOT SUBMIT A BID FOR THIS ASSIGNMENT IF YOU DO NOT HAVE EXPERIENCE WITH GRADUATE LEVEL WRITING TERMS AND CONCEPTS. ALL DIRECTIONS MUST BE FOLLOWED AND NO PLAGIARISM. MY SCHOOL USES SOFTWARE TO DETECT COPIED MATERIAL.
Consider an increasingly marginal cost-depletable resource with no effective substitute. Describe how the user cost for this resource in the earlier time periods would depend on whether the demand curve for that resource was stable or shifting outward over time. Evaluate how the allocation of that resource over time would be affected.
You must develop a two-page paper (not including title and reference pages) and be formatted according to APA style guidelines. You need to use two scholarly sources, in addition to the textbook, to support your assertions.