=+a. Suppose that, once assigned to an oil company, the company is not required to pay for
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=+a. Suppose that, once assigned to an oil company, the company is not required to pay for using the land to drill for oil (but it cannot do anything else with it if it chooses not to drill). How much land will your oil company use?
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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