Question: Please help me solve for the total net benefit {Ch 5, Nonrenewable Resources) Suppose we are analyzing the intertemporal allocation of oil. Assume a generation

Please help me solve for the total net benefit

{Ch 5, Nonrenewable Resources) Suppose we are analyzing the intertemporal allocation of oil. Assume a generation is 35 years, and we are concerned with only two generations. The demand and supply functions for oil in the present generation are given by: Demand: 0.: = ZOO-Spa Supply: 05 = 5P5 where 0 is expressed in millions of barrels and P is the price per barrel. b) Solve the marginamesbeneuunson and MW algebraically

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