Question: When harvesting a population, such as fish, the present value of the resource is given by where r is a discount factor, n(t) is the

When harvesting a population, such as fish, the present value of the resource is given byP = 0 en(t)y(t)dt,

where r is a discount factor, n(t) is the net revenue at time t, and y(t) is the harvesting effort. Suppose y(t) = K and n(t) = at + b. Find the present value.

P = 0 en(t)y(t)dt,

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