5. (6 marks) I wo prairie pioneer, Jethro and Hortense, have adjacent fields. Because they get along so well and always work out ing problems that arise, they have not bothered to put up a fence. Then one day Jethro bangs a new pig. Babe, Babe sometimes wanders into Hortense's field and cats ber corn. If Babe would only stay on Jethro's farm. he would eat valucles garbage, Suppose that labe eats $500 worth of Horiense's corn per year (a negative externality injured on Hortense) and that to build a fence between the farms costs 5300. No property rights to keep animals off the bells have been established yet. a If the property right is given to Jethro so Babe can continue to wander, will Hortense build a fence? Explain, h. IT. instead, the property right is given to Hortense, so that she can charge Jethro for the corn Babe cats, will Jethro build a fence? Explain. Does it matter who gets the property right