2. A large partnership has in identical partners; each partner i has eort cost 111? The revenue is 21:21 (ii. 3) Calculate the rst-best effort, revenue and total surplus as a function of n. b) Suppose eort is not oontractible, and the partners share the revenue equally (is, each gets % 1:1 ai). What level of effort will each partner choose? What is the resulting total revenue and total surplus? 0) Compute a \"performance ratio" (ratio of per-partner surplus using your answer from (b) to the rst~best surplus using (3.)) as a function of n. What happens as n gets large