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Q.

................... theory is related to non-renewable resources.

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a

Big Bang Theory

b

Game Theory

c

Hotelling’s Theory

d

NONE

answer is C.

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Detailed Solution

This theory is proposed by Harold Hotelling. This theory states that owners of non-renewable resources will only produce a supply of their product if it will yield more value when compared to other financial instruments available to them on market like bonds and interest bearing securities.

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................... theory is related to non-renewable resources.