Skeptics have been historically incorrect about
A. the depletion of earth’s most valuable resources. As resource prices increase, more discoveries have been made.
B. market-based approaches in reducing pollution. Zero pollution has been achieved.
C. the depletion of earth’s most valuable resources. As resource prices decrease, firms are incentivized to sell all their holdings before prices continue to fall.
D. state owned firms. They traditionally perform better than markets with pollution charges.
Answer: A
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