If the Market for a Nonrenewable Natural Resource Is Currently

Multiple Choice

If the market for a nonrenewable natural resource is currently in equilibrium, the price of the resource

A) is equal to the value of marginal product of the resource.
B) is expected to rise at a rate equal to the interest rate.
C) is expected to fall at a rate equal to the interest rate.
D) will actually rise at a rate equal to the interest rate.
E) will actually fall at a rate equal to the interest rate.