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Imagine there are 2 different types of people who value class size differently. Assume the number of students is fixed thus more teachers means smaller

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Imagine there are 2 different types of people who value class size differently. Assume the number of students is fixed thus more teachers means smaller class size. Type 1: MB of hiring a teacher = 100 - Q Type 2: MB of hiring a teacher = 80 - Q Assume an equal number of Type 1 and Type 2 people. 65. If MC of a teacher is 60, how many teachers is efficient to hire. What is total surplus? 67. 68. 69. 70

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