college
posted by Kimberly .
For each set of parameter values:
 Calculate the optimal time to extract the resource  How do you find switchpoint/ transition point?
 Calculate the Extraction path (Q0, Q1, etc.)
 Calculate the MUC in each period  HOW DO U FIND MUC?
 Calculate the optimal price in each period.
 Graph each of these over time.

You need to say what the subject is, and then complete the question

Subject for the question is from the subject Envoronmental Economics:
For each set of parameter values:
 Calculate the optimal time to extract the resource  How do you find transistion/switch point?
 Calculate the Extraction path (Q0, Q1, etc.)
 Calculate the MUC in each period  How do you find MUC?
 Calculate the optimal price in each period.
***********
 Graph each of these over time.
You can use the spreadsheet (webct) for the calculations.
(1) (2) (3) 
For each set of parameter values:
 Calculate the optimal time to extract the resource
 Calculate the Extraction path (Q0, Q1, etc.)
 Calculate the MUC in each period
 Calculate the optimal price in each period.
 Graph each of these over time.
You can use the spreadsheet (webct) for the calculations. 
I am currently trying to complete the homework due for today and I need help.
 Is the below equation used to find MUC? If not how do I find?
MUC = MBt– MC
 How do you find Switch point/transition point? Does this answer the question for finding the optimal time to extract the resource?
 Are we using both tabs in the spreadsheet or only the Backstop tab?
 If only using the backstop tab it appears I only need to change the TS, Interest rate and MBb values. Are there any other modifications needed on this on this worksheet to gain proper calculations?
 How do I calculate the extraction path?
 How do I calculate the optimal price in each period?
 For my graphs what should my vertical axis be? I know my horizontal will be T(time) 
I am currently trying to complete the homework due for today and I need help.
Is the below equation used to find MUC? If not how do I find?
MUC = MBt– MC
How do you find Switch point/transition point? Does this answer the question for finding the optimal time to extract the resource?
Are we using both tabs in the spreadsheet or only the Backstop tab?
If only using the backstop tab it appears I only need to change the TS, Interest rate and MBb values. Are there any other modifications needed on this on this worksheet to gain proper calculations?
How do I calculate the extraction path?
How do I calculate the optimal price in each period?
For my graphs what should my vertical axis be? I know my horizontal will be T(time)
Respond to this Question
Similar Questions

Economics
Profit Maximation question help P=MR+$750 TC =2500000+500q+0.00Q squared Mc =500+0.01Q Calculate profit maximizing level Calculate the company's optimal profit and optimal profit as a percentage of sales revenue Can anyone help here … 
Economics
P=MR+$750 TC =2,500,000+500q+0.005Q^2 (squared) Mc =500+0.01Q Calculate profit maximizing level Calculate the company's optimal profit and optimal profit as a percentage of sales revenue Can anyone help here I am lost 
Economics
I thinks i got the problem right this time P=MR=$750 TC =2,500,000+500q+0.005Q^2 (squared) Mc =500+0.01Q Calculate profit maximizing level Calculate the company's optimal profit and optimal profit as a percentage of sales revenue Can … 
physics
Three point charges, q1, q2, and q3, lie along the xaxis at x=0, x=3 cm, and x=5 cm, respectively. Calculate the magnitude and direction of the electric force on each of the three points when q1=+6.0 muC, q2=+1.5 muC, and q3=2.0 … 
Maths
Chris wants to put a concrete path and a fence around his rectangular garden. The concrete path will be 1 meter wide and the fence will go around the edge of the path. The garden itself measures 5 meters by 8 meters. A)Calculate the … 
Math
Given the following LP model (represented abstractly with decision variables X and Y), find the optimal solution using the ‘graphing’ approach. Minimize 5X + 2Y Subject to: 4X + 2Y >= 80 3X + 4Y <= 132 X + 3Y >= 45 2X … 
college algebra
From 1988 to 2008 average annual tuition and fees at public colleges increased from $525 to $5500. Calculate the percent change over this time period. How do I set this up and solve it? 
Physics
A straight path is inclined at an angle of 15 degree to the horizontal. A loaded skip of total mass 1500 kg is at rest on the path and is attached to a wall at the top of the path by a rope. The rope is taut and parallel to a line … 
Bio/CHEM
11. You need to make a 1:8 ratio of DNA of two DNA types A and B (A:B). Your total aliquot should be 2ng/26 ìL. For each of the following sets, calculate how much of each extract you should use and how much TE4: a. Extract A: 2.5 … 
physics
A 0.810 m long brass pendulum experiences a 18.0°C temperature increase. (a) Calculate the original period(s). (b) What is the change in the period(s)?