You own a tract of trees and are deciding whether to harvest them now or next year. If you harvest them now, you can invest the profits and earn a 5% return on your investment. What should you do? to. Let the trees grow as long as their dollar value increases by less than 5% b. Cut down the trees and sell them c. Let the trees grow d. Let trees grow as long as their dollar value increases by more than 5%.

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To make the decision on whether to harvest the trees now or wait you need to compare the potential i... View the full answer