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Economics please walk through each step with instructions and explain please! thank you 10. Suppose there are two farmers. Farmer A owns dairy cows, which

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Economics please walk through each step with instructions and explain please! thank you 10. Suppose there are two farmers. Farmer A owns dairy cows, which produces a lot of manure. Farmer A likes manure as it means his cows are healthy. Farmer B dislikes the manure produced. Suppose Farmer A's utility for manure, Q, is given by UA - -10Q- +500 + m and Farmer B's utility is given by Us = m - 503. The marginal cost of producing one pound of manure is 10 dollars a) Calculate the perfectly competitive quantity of manure produced. b) Calculate the socially optimal amount of manure produced

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