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Answer all questions The demand for natural gas is constant and given by: QDt=360- 4Pt. The marginal extraction cost (MEC) is $15 per unit and

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The demand for natural gas is constant and given by: QDt=360- 4Pt. The marginal extraction cost (MEC) is $15 per unit and there is a total of 400 units (QT) of natural gas available. The interest rate is 25%. There are two periods, now (t=0) and one year from now (t=1). Calculate the optimal amount of natural gas to consume in period 0 (Q0). (Round to the nearest two decimal places.) The demand for natural gas is constant and given by: QDt=360- 4Pt. The marginal extraction cost (MEC) is $15 per unit and there is a total of 400 units (QT) of natural gas available. The interest rate is 25%. There are two periods, now (t=0) and one year from now (t=1). Calculate the price of natural gas in period 1 (P1) if there are 300 units consumed now (t=0). (Do not include a "$\" sign in your response.) The demand for natural gas is constant and given by: QDt=360- 4Pt. The marginal extraction cost (MEC) is $15 per unit and there is a total of 400 units (QT) of natural gas available. The interest rate is 25%. There are two periods, now (t=0) and one year from now (t=1). Calculate the quantity of natural gas that there would need to be in order for there to be no intertemporal scarcity

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