Question: Question 9 Table 1 1 - 4 There are four homes along Belmont Circle, which surrounds a small plot of land. The land currently has

Question 9
Table 11-4
There are four homes along Belmont Circle, which surrounds a small plot of land. The
land currently has no trees, and the 4 homeowners -- Adams, Benitez, Chen, and
Davis -- are considering the idea of contributing to a pool of money that will be used
to plant up to 4 trees. The table represents their willingness to pay, that is, the
maximum amount that each homeowner is willing to contribute toward each tree.
Refer to Table 11-4. Suppose the cost to plant each tree is $300. How many trees
should be planted to maximize the total surplus of the four homeowners?
4
2
1
3
Question 9 Table 1 1 - 4 There are four homes

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