comed with fü canting in O This quietion is con tinuahs tima.) Con pabent which is able to profit stream af TCE)= éot, where Suppose you generate E(yo) denotes time, and o (?0) is g jiven paw ameter. Notice that a CE) otante from $1 (ū co) =1) an d olowly decreacus to' o o ( Lim Own "e->ICt)=0), The jiven parameter o actually the rate of decreming simce is dace)/ dE re volmable asret. fror patent is ,certainly Assumind the im tantuneoo intervert, rate is a Cow fant v. pabrut. Caleul ate Hae prey ant value of jour
comed with fü canting in O This quietion is con tinuahs tima.) Con pabent which is able to profit stream af TCE)= éot, where Suppose you generate E(yo) denotes time, and o (?0) is g jiven paw ameter. Notice that a CE) otante from $1 (ū co) =1) an d olowly decreacus to' o o ( Lim Own "e->ICt)=0), The jiven parameter o actually the rate of decreming simce is dace)/ dE re volmable asret. fror patent is ,certainly Assumind the im tantuneoo intervert, rate is a Cow fant v. pabrut. Caleul ate Hae prey ant value of jour
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question

Transcribed Image Text:o This quertion is
continuahs time.)
camed with fü canting in
Con
patent which is able to
profit otream' of T(E)= eot where
E(>) denotes time, and o (0) is g jiven
par ame ter. Notice that' ū CH) stante from 1
(ū Lo) =1) and slowly fecveacer to'o
I Ct)=0), The jiven parameter o
Suppost y ou
generate
Own
Cim
astmally the rate of decrearing since
is
dace)/ dt
fror patent is ,certainly
valmable asset.
Asumina the ime tantume ond interent, rate
Cou tant r
Caleul ate Hae present value
f your
pabent.
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