Microeconomic Theory
Microeconomic Theory
12th Edition
ISBN: 9781337517942
Author: NICHOLSON
Publisher: Cengage
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Chapter 17, Problem 17.4P

a)

To determine

To find:No profit condition in perfect competition is w=ertf(t*) and its implication.

b)

To determine

To know:Price of u-year old tree.

c)

To determine

To know:Value of woodlot.

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