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3. Farmer Jones and Farmer Smith graze their cattle on the same field. If there are 20 cows grazing in the field, each cow
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2. A company is considering building a bridge across a river. The bridge would cost $2 million to build and nothing to maintain.
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2. A company is considering building a bridge across a river. The bridge would cost $2 million to build and nothing to maintain. The following table shows the company¡¯s anticipated demand over the lifetime of the bridge: Price per crossing ($) 8 7 6 5 4