2. In Table 12.1, when r 0.02, the present value of the cost rises for 68...
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2. In Table 12.1, 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 Resources Economics
ISBN: 9780131392571
9th Edition
Authors: Tom Tietenberg, Lynne Lewis
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