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Llanis Llanis
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6 years ago
You grow poplar trees. The lumber yard purchases cut trees from you. The trees grow 1 foot per year. Assuming a constant real price per foot for poplar and a real interest rate of 3%, would you sell a 20-foot tree today?
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Microeconomics

Microeconomics


Edition: 6th
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TecShdwTecShdw
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6 years ago
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Llanis Author
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6 years ago
Good timing, thanks!
Marctheshark
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Yesterday
Thanks
acaruso
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2 hours ago
Helped a lot
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