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Which is NOT a limitation of the basic forestry decision model? The model can only be used to look at forestry decisions in certain parts
Which is NOT a limitation of the basic forestry decision model? The model can only be used to look at forestry decisions in certain parts of the world. The single-harvest model does not allow for replanting decisions. Interdependence exists between planting, harvesting, and replanting decisions. The assumption that there is a constant relative price for the wood over time
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
