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pulseh14 pulseh14
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5 years ago
Assel grows mulberry trees. The lumber yard purchases cut trees from you. The trees grow 1 foot per year. Assuming a constant real price per foot for mulberry, at what interest rate would Assel be willing to sell a 10-foot tree today?
A) 3%
B) 5%
C) 8%
D) 12%
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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tmendestmendes
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Posts: 181
5 years ago
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Thank you, thank you, thank you!
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Smart ... Thanks!
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