Introduction . Introduction 3. Some Resul 3. Some ...

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only outstanding increasing obsolescence, by return development circulation many allows input ... obsolescence, planned rate of return, price. Some results can ...
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nly by historical reasons (wear-out and tstanding to meet the demanding market ncreasing necessity to search planning solescence, planned rate of return, price

3. S

Some results can be seen shows the changing depre of return and C(I) conve Depreciation alpha(0) + a

by using the Lagrangian formalism, the rn and price (tariff) adjustment.

development. Once the rate of return is development ation . With this fact in mind, we have

ny reasons its maximum value can be ows to observe optimal investment path,

nput market representing an imperfect economies market (concave costs of

4

The implemented model discount or interest rate r s