Telegram group: T.me/BBCNOUN [ESM422] Resource _________ is carried out to in order to quantify the grade and tonnage of a mineral occurrence Evaluation [ESM422] The _________ is based on the Hotelling rent model Net price [ESM422] Which method defines true income as the amount of income that would be sustained indefinitely regardless of the actual finite lifetime of the asset by suitably investing a portion of the gross receipts generated which can be the depletion cost? User cost [ESM422] ________ makes a distinction between the “true income” and the “gross receipts” generated by an asset. User cost [ESM422] The true economic value of goods or services may not be fully reflected in market transactions due to________ Policy failure [ESM422] Evaluation method of applying the prevailing market prices where stocks of environmental assets are tradable in the market is called _________ approach. Market price [ESM422] The ______ is used for valuing mineral resource stocks and changes in stocks Net present value [ESM422] ________ method is applied to environmental resources/assets that generate marketed services. User cost [ESM422] The_______ approach is used as a proxy measure of market value Income [ESM422] The method that overestimate the market value of the valued resource/assets is _________ Net price