Gce Model Questions Vol1 2024 Agricultural Science Question 42
Practice objective / multiple choice question 42 from the 2024 Gce Model Questions Vol1 Agricultural Science examination.
A forest of 50 ha is planted with a fast‑growing species whose timber volume per hectare at age \(t\) (years) is given by \(V(t)=0.8t^{2}\) m³. The stand may be harvested at any age up to 30 years, after which it is immediately replanted. With a constant discount rate of 5 % per annum, determine the rotation age that maximises the present value of an infinite series of harvests (Faustmann optimum). Give the optimal rotation age in years, rounded to the nearest whole year.
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This is Gce Model Questions Vol1 2024 Agricultural Science Question 42. It is one of the objective questions from the 2024 Gce Model Questions Vol1 Agricultural Science examination.
Difficulty level: Hard .
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