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N2 Bob and Jake are neighbours. During the autumn, it is impossible for cleaning up fall leaves in front of Bob's house without clearing the
N2
Bob and Jake are neighbours. During the autumn, it is impossible for cleaning up fall leaves in front of Bob's house without clearing the front of Jake's house*. Bob's marginal benefit from cleaning services is 12-Z where Z is the number of time the cleaning service is used. Jake's marginal benefit is 8-2Z. Marginal cost of using the cleaning service is $16. Find the efficient level of provision of cleaning service. Round your answer to two digits.
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