The Club of Rome Study, The Limits to Growth suggests that as natural resources diminish ?
Correct answer: C. costs rise, leaving less capital for future investment
- A. capital increasingly replaces labor
- B. technological change compensates for capital depletion
- C. costs rise, leaving less capital for future investment
- D. contingent valuation becomes critical
Explanation
The Limits to Growth argues that diminishing natural resources raise production costs and reduce the resources available for future investment. This expresses the economic burden of resource depletion described by the study.
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