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Consider the small country of Lollandia. There are 1,000 Lollandians living in the country, and they all value defense of the homeland at $6

Consider the small country of Lollandia. There are 1,000 Lollandians living in the country, and they all

Consider the small country of Lollandia. There are 1,000 Lollandians living in the country, and they all value defense of the homeland at $6 per unit of defense. If the cost of providing national defense of Lollandia is given by c(d) optimal amount of national defense for Lollandia to employ? 4 = 3d and d represents units of national defense, then what is the 4

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