Why does price minus extraction cost rise at the rate of interest in a competitive market for an exhaustible resource? In a competitive market for an exhaustible resource, the user cost of producing an exhaustible resource rises at the rate of interest because.. a. Exhaustible resources should be extracted if price minus marginal cost rises faster than the rate of interest. b. Exhaustible resources should be unextracted if price minus marginal cost rises faster than the rate of interest. c. Price minus marginal cost is less than marginal revenue minus marginal cost d. When price minus marginal cost rises at the rate of interest, marginal revenue minus marginal cost rises faster than the rate of interest

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