M MD 5600 head 5300bad area diagram 42 MD area D faria C 0 5,000 head/yr....

 

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M MD 5600 head 5300bad area diagram 42 MD area D faria C 0 5,000 head/yr. cande in headsy 10,000 had 8. Using diagram #2, where, Mrancher (defined as MR-MC) is the expected marginal profits to the rancher when the rancher sells an additional head of cattle, and MDtarmer is the expected damages to the corn farmer, when additional head cattle raised by the rancher accidently consumes part of the farmer's com crop, A. Determine the following determine the following, if the damages done to the farmer's crop by the rancher's cattle is not recognized 10,000 head (1). equilibrium quantity of Area A+R. (2). Profits to the rancher = Indicate the area (3). damages to the farmer's cr Indicate the area Area B+C+D B. Determine the following if the rancher is liable for the damages done to the farmers crop by the rancher's cattle. (1). equilibrium quantity of cattle raised by (2). Profits to the rancher Indicate the area (3). damages to the farmer's cre Indicate the area (4). change in income of farmer = Indicate the area C. Determine the following, if the rancher is not liable for the damages done to the farmers crop by the rancher's cattle. (1). equilibrium quantity of cattle raised br Indicate the area (2). Profits to the rancher Indicate the area (3). damages to the farm Indicate the area. (4). change in income Indicate the area M MD 5600 head 5300bad area diagram 42 MD area D faria C 0 5,000 head/yr. cande in headsy 10,000 had 8. Using diagram #2, where, Mrancher (defined as MR-MC) is the expected marginal profits to the rancher when the rancher sells an additional head of cattle, and MDtarmer is the expected damages to the corn farmer, when additional head cattle raised by the rancher accidently consumes part of the farmer's com crop, A. Determine the following determine the following, if the damages done to the farmer's crop by the rancher's cattle is not recognized 10,000 head (1). equilibrium quantity of Area A+R. (2). Profits to the rancher = Indicate the area (3). damages to the farmer's cr Indicate the area Area B+C+D B. Determine the following if the rancher is liable for the damages done to the farmers crop by the rancher's cattle. (1). equilibrium quantity of cattle raised by (2). Profits to the rancher Indicate the area (3). damages to the farmer's cre Indicate the area (4). change in income of farmer = Indicate the area C. Determine the following, if the rancher is not liable for the damages done to the farmers crop by the rancher's cattle. (1). equilibrium quantity of cattle raised br Indicate the area (2). Profits to the rancher Indicate the area (3). damages to the farm Indicate the area. (4). change in income Indicate the area