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Question 25 Not yet answered Points out cf1.i30 Morel mushrooms can be foraged from Forest Park and sold on the market for $5 apiece The
Question 25 Not yet answered Points out cf1.i30 Morel mushrooms can be foraged from Forest Park and sold on the market for $5 apiece The number of mushrooms harvested from the park on any particular day is given by M = 200x 2x3. where x is the number of foragers in the park looking for mushrooms. If the price of daily foraging permits per person is set equal to the marginal social cost per person at $110. and there are no limits to the number of people foraging. how many more people will be foraging mushrooms. compared to the social optimum? 48 36 60 24
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