Question suppose that in the absence of human intervention, Ask an Expert

Engineering

Question: Suppose that in the absence of human intervention the stock of tuna (z) would change according to the following equation: dz/dt = 10z - 0.02z2. Furthermore, suppose E units of fishing effort will produce a harvest of tuna (x) given by x = 0.02zE. Finally, suppose the cost of E units of effort is $4E, where $4 is the wage rate, and that the price of tuna is constant at $1.5 dollar per unit of x.

A. Find the profit-maximizing sustainable equilibrium for this model when the tuna are not common property (that is, when the level of effort can be controlled). Solve for the levels of Z, E, x and profit.

View complete question

Engineering Mathematics, Engineering

Category:- Engineering Mathematics
Reference No.:- M92304512

Have any Question?Write your Review or question?

Related Questions in Engineering Mathematics

Q undirected vs directed connectivitya prove that in any

Q: Undirected vs. directed connectivity. (a) Prove that in any connected undirected graph G = (V, E) there is a vertex v ? V whose removal leaves G connected. (Hint: Consider the DFS search tree for G.) (b) Give an examp ...

All these questions should be answered in matlab 1 generate

All these questions should be answered in MATLAB !!! 1. Generate a set of 3 random patterns of dimension 12 where each value is +1 or -1.(3 random 12*12 matrix) 2. Create a 12-unit Hopfield network (a 12x12 matrix) from ...

I have these questions for a homework assignment and have

I have these questions for a homework assignment and have to show work. This works with MIPS coding language and is the class Introduction to Computer Architecture. 1. Find the 2's complement representation (in 32-bit he ...

Question 1 - many spas many componentsconsider 4 types of

Question 1 - Many spas, many components Consider 4 types of spa tub: Aqua-Spa (or FirstSpa, or P1), Hydro-Lux (or SecondSpa, or P2), ThirdSpa (or P3) and FourthSpa (or P4), with the production of products P1, ..., P4 in ...

Analytical methods for engineers assignment - calculusthis

ANALYTICAL METHODS FOR ENGINEERS ASSIGNMENT - CALCULUS This assignment assesses Outcome - Analyse and model engineering situations and solve problems using calculus. Questions - Q1. Differentiate the following functions ...

Clculus assignment -q1 find the total differential of w

CALCULUS ASSIGNMENT - Q1. Find the total differential of w = x 3 yz + xy + z + 3 at (x, y, z) = (1, 2, 3). Q2. Find the value of the double integral ∫∫ R (6x + 2y 2 )dA where R = {(x, y)| - 2 ≤ y ≤ 1, y 2 ≤ x ≤ 2 - y. Q3 ...

Numerical analysis assignment -q1 define the following

Numerical Analysis Assignment - Q1. Define the following terms: (i) Truncation error (ii) Round-off error Q2. Show that if f(x) = logx, then the condition number, c(x) = |1/logx|. Hence show that log x is ill-conditioned ...

Question what is the signed binary sum of 1011100 and

Question : What is the signed binary sum of 1011100 and 1110101 in decimal? Show all of your work. What is the hexadecimal sum of 9A88 and 4AF6 in hexadecimal and decimal? Show all of your work.

Question a signal starts at point x as it travels to point

Question : A signal starts at point X. As it travels to point Y, it loses 8 dB. At point Y, the signal is boosted by 10 bB. As the signal travels to point Z, it loses 7 dB. The dB strength of the signal at point Z is -5 ...

Show all your work not just the answerswhen you multiply 21

(SHOW ALL YOUR WORK, not just the answers) When you multiply: 21 x 68 you most likely do: 8x1 + 8x20 + 60x1 + 60x20 = 1, 428 So, there are 4 multiplications and then 3 additions. How long would it take a computer to do t ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Engineering Mathematics Expert