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Beekeepers' demand curve for beehives is = 36 . The supply curve for beehives is given by = 2. Bees from beekeepers' beehives increase the
Beekeepers' demand curve for beehives is = 36 . The supply curve for beehives is given by = 2. Bees from beekeepers' beehives increase the pollination of local gardeners plants. Local gardeners value the external benefit of the increased pollination from a beehive at $12. What is the marginal benefit of society (MBS) curve for this market?
a.) =36
b.) =48
c.) =2
d.) =12+2
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