Happy, Grumpy, Dopey, Sleepy, Sneezy, Doc, and Bashful are miners, who have nothing to do with their
Question:
a. If entry to the mines is free, how many miners work in each mine?
b. At the social optimum, how many miners would work in each mine?
c. What system of entry fees to the mines could bring about that social optimum?
d. Suppose that both mines are owned by a wicked queen who can set entry fees. What fees would sheset?
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