2. Farmer Dave's and farmer Mark's farms are next to each other. They get along well so transactions costs are low. The only problem in their existence is Dave's pig, Justin, who occasionally gets into Mark's corn field and eats the corn. If Justin did not get into the corn, he would eat valueless gar- bage, not the corn. A fence can keep Justin out of the corn. Suppose that Justin eats $350 of corn per year and that to erect a fence to keep Justin off Mark's farm costs $250 per year. Either Dave or Mark can erect the fence and, once the fence is in place, Justin eats none of the corn. Property rights that allow Justin to roam, or that keep Mark's farm free from Dave's pig, have yet to be assigned a. Suppose that the property right is given to Dave, so that Justin can roam free any time he desires. Will Mark erect a fence? b. Now suppose that the property right is given to Mark, so that he can charge Dave whenever Justin shows up on Mark's farm and eats the corn. Will Dave erect a fence? c. What general proposition is illustrated in this