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The Optimal Consumption of Depletable Natural Resources: Comment

Murray C. Kemp, Ngo Van Long

The Quarterly Journal of Economics · 1978 · Volume 92 · Issue 2

DOI: 10.2307/1884168

Abstract

Monopoly, 346.—Competition, 347.—Comparison of the monopolistic and competitive paths, 349.—The socially optimal path, 351.—Final remarks, 351.

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