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The cost of one show of fireworks is $2500. There are three neighbors in this neighborhood, Anne, Bob, and Carlisle. Their willingness to pay for

The cost of one show of fireworks is $2500. There are three neighbors in this neighborhood, Anne, Bob, and Carlisle. Their willingness to pay for (additional) shows is... wait, what a coincidence!: exactly as in the first table above, only multiplied by 1000. (E.g., for Anne, 1500, 1200, 1000,...). As you know, if one neighbor buys a show, all neighbors enjoy it.

a) Anne, Bob, and Carlisle do not talk to each other. (They don't believe in collective action.) The seller of fireworks visits the neighborhood. How many shows will it sell?

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X sers/Owner/Desktop/ECO/Assignment%208-9.pdf + = [ Pageview A Read aloud I V D GALLONS ANNE BOR CARLISLE $1.5 $1.1 $1.8 $1.2 $.9 $1.3 $.8 $1.1 $.5 $.6 $.9 $.4 $.5 $.7 $.2 $.4 $.5 GALLONS FIRM 1 FIRM 2 $.3 S.1 $.4 $.3 5.5 5.4 S.6 S.6 $.8 5.7 5.9 S.9 $1.0 $1.0

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