Q1 timber companies in the united states cut down many

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Q1. Timber companies in the United States cut down many trees on openly owned land. Describe likely efficiency of logging on each type of land in the absence of government guideline. Explain how do you think the government should regulate logging on publicly owned lands? Should similar regulations apply to privately owned land?

Q2. Quantity Demand = 45 - 2P
Quantity Supplied = -15 + P

Illustrate what is the Consumer Surplus in the market? Illustrate what is the Producer Surplus in the market?

Reference no: EM13355476

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