undertake comparative static analysis to show how the optimal stand age will vary with changes in relevant
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undertake comparative static analysis to show how the optimal stand age will vary with changes in relevant economic parameters such as timber prices, harvesting costs and interest (or discount) rate
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Related Book For
Natural Resource And Environmental Economics
ISBN: 9780273655596
3rd Edition
Authors: Roger Perman, Yue Ma, Michael Common, David Maddison, James Mcgilvray
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