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Question: Suppose that in the absence of human intervention the stock of tuna (z) would change according to the following equation: dz/dt = 10z - 0.02z2. Furthermore, suppose E units of fishing effort will produce a harvest of tuna (x) given by x = 0.02zE. Finally, suppose the cost of E units of effort is $4E, where $4 is the wage rate, and that the price of tuna is constant at $1.5 dollar per unit of x.
A. Find the profit-maximizing sustainable equilibrium for this model when the tuna are not common property (that is, when the level of effort can be controlled). Solve for the levels of Z, E, x and profit.
Plot the number of simplex iterations (y) versus the number of constraints (m). Save your plot as a picture file, and upload it in your discussion thread.
If you assume that last names should not have an impact on starting salary of graduates of BACC, then what is the appropriate null hypothesis?
The steps in testing a research hypothesis Comparing the means of two or more groups Calculating the correlation between two variables
a) What is meant by time value of money? b) Draw a cash flow diagram to show how much money a person should be willing to pay now that will yield RM400 per year for 5 years, starting next year if the interest rate is 10% per year. (Note: DO NOT so..
Target Inc. has a project costing $40,000 and cash flows of $8,000, $15,600, and $22,700 for Years 1 to 3, respectively. Based on the profitability index rule, should the project be accepted if the discount rate is 9.5 percent? Why or why not?
Apply the explicit integration method for the numerical solution of the 1D Poisson equations (that includes the free carriers) by following the steps outlined below: Write a Taylor series expansion for ψ(x) around x=0, keeping the terms up to the f..
Suppose you want to compare the amount of student loan debt for males and females at StatCrunch U. The null hypothesis for this problem would be that there is no difference in the mean amounts of student loan debt for males and females and the alt..
Calculate P/E ratio and P/B ratio of the all the companies in your list (use fiscal year end data of 2015. You can get the annual report either from the Morningstar DatAnalysis Premium or from company website or from google search. Please use shar..
A subgroup H of a group G is called a characteristic subgroup if φ(H) = H for all automorphisms φ of G. Prove that every subgroup of a cyclic group is characteristic. Prove that the center of a group is characteristic
Look at the variables given and analyze one by one whether they can be used to explain the wages of the household head. If you think you need to create new variables - Do a linear regression on the wage of the household head using the variables yo..
Compute the return the firm should earn given its level of risk. (Round your answer to 2 decimal places.) Determine whether the manager is saying the firm is undervalued or overvalued.
Separation of variables to solve the heat equation problem with inhomogeneous boundary conditions and evaluate your series solution in order to plot the temperature profile at a few fixed values of time.
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