Economic Theory Indicates That the Economy Is Better Off Not

Multiple Choice

Economic theory indicates that the economy is better off not to produce proved reserves of a mineral "too quickly." By this, we mean that we

A) prefer some bad luck in exploration efforts, rather than too much good luck in finding the resources.
B) do not want the resource to be too abundantly available since this would reduce its price and GDP.
C) want to use other nations' resources first, even if doing so is more costly.
D) do not want to use additional resources for exploration if the present discounted value of the benefits is smaller than the cost.