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Forestry
The traditional economic problem is the timing of a sequence of harvests of timber of a stand, which is managed in perpetuity with
These all are assumed constant. The aim is the maximization of present value of net benefits. The simple model was developed by Faustmann, popularly known as the Faustmann model.
What are your thoughts on Putman’s “Bowling Alone,” the idea that there has been a decline in social capital in North America? Do you agree or disagree with the assertion? Support
need help
In the wake of the Asian financial crisis, policymakers, governments, and academics around the world are busy devising ways to reform the global financial architecture. The plethor
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In terms of the debate in the media on state owned enterprises ,explain the decreasing cost case and the possibility of privatisation of SOEs such as Eskom and SAA
describe and illustrate the lm-schedule
circular flow of income in a frugal economy
The other type is called ex-post heterogeneity which refer to the conflict (of interests) arising due to distributional implications of the public policy. Thus when a public polic
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