Analysis of the economically optimal rotation period

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Question: When non-timber values are introduced into the analysis of the economically optimal rotation period for a private forest and these values grow with the age of the forest, why do we need that the efficient policy calls for longer rotation periods? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132200388

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