Dynamic Efficiency and Sustainable Development

Overview of the proper allocations of depletable resources between multiple generation and the effect this has on sustainable development.

[@juliannws1]

Thank you for this. Makes much more sense seeing this step-by-step rather than trying to wrap my head around it by reading alone. I really appreciate this.

[@seanstcherbinine8760]

It would have been helpful to see how you derived 10.23 and 9.77.

[@MatijaDjuric]

Read this, moving on to next vid...Thanks.

[@aaronrush535]

bit late lol. but i needed the same answer and the only guy to answer said moving on. good one. anyway. for somebody else that might want it. q1 + q2 = 20 so q2 = 20-q1. the 2 equations for the lines equal each other at the maximum efficiency. so it would be written 8-0.4q1-2 = 8-0.4(20-q1)-2 / 1.1 then solve for q1. you should end up with 6=5.454-7.272+0.3636q1+0.4q1 close to the end.

[@MaletjeM]

thank you for the vid. how does one select on the allocation on each period if the available supply equals 30. and how would you draw that