2. In Table 11.1, when r = 0.02, the present value of the cost rises for 68...

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2. In Table 11.1, when r = 0.02, the present value of the cost rises for 68 years and then subsequently declines. Why?

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Environmental And Natural Resource Economics

ISBN: 9781315523965

10th Edition

Authors: Thomas H Tietenberg, Lynne Lewis

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