Exercise #1• Consider the following graph. Please submit a separategraph for Q1, Q2, and Q3. Using an Excel spreadsheetmight help completing Q1, Q2, and Q3• The functional form to generate the graph isV(t)=1+251²-. Q2. On the graph illustrating V(r), determinegraphically when the current annual increment (CAI)is maximized800. Q1. On the graph illustrating V(1), determinegraphically when the mean annual increment (MAI) ismaximized400• Q3. On the graph illustrating V(1), determinegraphically when the timber stand volume is maximized. Q4. Determine algebraically the MAI• Q5. Determine algebraically the CAI600200102612

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Exercise #1 Consider the following graph. Please submit a separate graph for Q1, Q2, and Q3. Using an might help completing Q1, Q2, and Q3 • The functional form to generate the graph is V(1)=1+251²-13 Excel spreadsheet 800 . Q1. On the graph illustrating V(r), determine graphically when the mean annual increment (MAI) is maximized . Q2. On the graph illustrating V(r), determine graphically when the current annual increment (CAI) is maximized • Q3. On the graph illustrating V(1), determine graphically when the timber stand volume is maximized . Q4. Determine algebraically the MAI • Q5. Determine algebraically the CAI 600 400 200 10

Exercise #1 Consider the following graph. Please submit a separate graph for Q1, Q2, and Q3. Using an might help completing Q1, Q2, and Q3 • The functional form to generate the graph is V(1)=1+251²-13 Excel spreadsheet 800 . Q1. On the graph illustrating V(r), determine graphically when the mean annual increment (MAI) is maximized . Q2. On the graph illustrating V(r), determine graphically when the current annual increment (CAI) is maximized • Q3. On the graph illustrating V(1), determine graphically when the timber stand volume is maximized . Q4. Determine algebraically the MAI • Q5. Determine algebraically the CAI 600 400 200 10

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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