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Question: Sustainable (Hicksian) income. Suppose you inherit a tract of forestland. You hire a forester and they tell you that the forest is capable to sustainably produce, on average, per hectare, per year, 2 cubic meters of marketable wood. If you can sell your wood for $80/cubic meter, and assuming the rate of biomass production is constant over time, what is your sustainable (gross) income (hint: that's the I in the sustainable income formula) per year, per hectare?
What is the per hectare gross value (hint: that's the W in the formula) of your forest capital (assuming one keeps it a forest in perpetuity)? Use r=0.05.
what is the purpose for foreign investment regulations?list and discuss the foreign investment regulations.what are 2
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What are managerial challenges and opportunities both implicitly and explicitly discussed in the video?
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