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Suppose Harry and Megan want to install security cameras on their property. Both will benefit from the added peace of mind, but Harry is more
Suppose Harry and Megan want to install security cameras on their property. Both will benefit from the added peace of mind, but Harry is more cautious than Megan. Their individual demand curves are given below. Security cameras cost $222. How much more would Megan be paying if the couple cooperated and she paid her Lindahl price than if they individually provided the cameras? Megan: P = 71 2Q Harry: P = 1633 46Q
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