please solve questions #3,4,5 thank you.

Price ($ per cubic metre) Use the graph to answer the following 2 questions. If the Mill has monopsony power in the purchases of timber, then the mill would view the supply curve as its Average variable factor cost curve (AVFC) and the Mill's demand is the Marginal revenue product (MRP). Harvesters Supply of Timber 180 160 140 120 100 1 With Monopsony power, what the quantity that the mill would purchase? A) 350 cubic metres. B) 200 cubic metres. C) 250 cubic metres. D) 300 cubic metres E) 450 cubic metres. 80 60 40 20 Mill's Demand for timber (MRP) 2. With Monopsony power, what the price per cubic metre would the mill pay? A) $110 B) $120 C) $100 D) $140 E) $80. 200 400 600 800 Timber (cubic metres) 3. Suppose that the next 30 m of volume considered for thinning would grow in value from $100 in year 60 to $41) in year 80. What is the growth rate in value over this 20 year period? A) 1.08 % B) 4.87% C) 6.89 % D) 740% E) None of the above. 4. Suppose that the growth rate in value of the volume that you are considering thinning is less than your minimal acceptable rate of return, should this volume be thinned? A) Yes, thin this volume. B) No, do not thin this volume. 5. The technique used in the previous two questions is considered an approximation because it fails to consider growth of the surrounding trees that may result from thinning As a result, it may be better to do the opposite of what is suggested by this technique and A) Thin even though the rate of growth in value of the tree considered for thinning is slightly less than your minimal acceptable rate of return. B) Not thin even though the rate of growth in value of the tree considered for thinning is slightly less than your minimal acceptable rate of return. C) Thin even though the rate of growth in value of the tree considered for thinning is slightly more than your minimal acceptable rate of return. . D) Not thin even though the rate of growth in value of the tree considered for thinning is slightly more than your minimal acceptable rate of return. Price ($ per cubic metre) Use the graph to answer the following 2 questions. If the Mill has monopsony power in the purchases of timber, then the mill would view the supply curve as its Average variable factor cost curve (AVFC) and the Mill's demand is the Marginal revenue product (MRP). Harvesters Supply of Timber 180 160 140 120 100 1 With Monopsony power, what the quantity that the mill would purchase? A) 350 cubic metres. B) 200 cubic metres. C) 250 cubic metres. D) 300 cubic metres E) 450 cubic metres. 80 60 40 20 Mill's Demand for timber (MRP) 2. With Monopsony power, what the price per cubic metre would the mill pay? A) $110 B) $120 C) $100 D) $140 E) $80. 200 400 600 800 Timber (cubic metres) 3. Suppose that the next 30 m of volume considered for thinning would grow in value from $100 in year 60 to $41) in year 80. What is the growth rate in value over this 20 year period? A) 1.08 % B) 4.87% C) 6.89 % D) 740% E) None of the above. 4. Suppose that the growth rate in value of the volume that you are considering thinning is less than your minimal acceptable rate of return, should this volume be thinned? A) Yes, thin this volume. B) No, do not thin this volume. 5. The technique used in the previous two questions is considered an approximation because it fails to consider growth of the surrounding trees that may result from thinning As a result, it may be better to do the opposite of what is suggested by this technique and A) Thin even though the rate of growth in value of the tree considered for thinning is slightly less than your minimal acceptable rate of return. B) Not thin even though the rate of growth in value of the tree considered for thinning is slightly less than your minimal acceptable rate of return. C) Thin even though the rate of growth in value of the tree considered for thinning is slightly more than your minimal acceptable rate of return. . D) Not thin even though the rate of growth in value of the tree considered for thinning is slightly more than your minimal acceptable rate of return