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Gump Forest Products has acquired rights to a tract of land on which an even-aged stand of oak trees is growing. As oak trees need

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Gump Forest Products has acquired rights to a tract of land on which an even-aged stand of oak trees is growing. As oak trees need no tending, Gump needs only to wait until the right time to harvest. by clear cutting, the stand. The volume of timber increases with time, according to: f(t) =40+40xr+10>

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