Ise -griculture A -griculture B -griculture C Land Owner Opportunity Cost $40 $30 $20 ogging А, В $80 ogging A, C $70 ogging В, с $60 Mining А, В, С $110 /hat is the final range constraint for A?

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Use this information for questions 29-33.
Consider the three player cooperative game below. Imagine that the
net benefits maximum is to conserve all three areas of land at a
subsidy budget of $110.
Use
Agriculture A
Agriculture B
Agriculture C
Logging
Land Owner Opportunity Cost
$40
$30
$20
A, B
$80
Logging
A, C
$70
Logging
Mining
В, С
$60
А, В, С
$110
What is the final range constraint for A?
40 < A< 40
40 < A< 55
O 40 < A < 45
40 < A < 50
Transcribed Image Text:Use this information for questions 29-33. Consider the three player cooperative game below. Imagine that the net benefits maximum is to conserve all three areas of land at a subsidy budget of $110. Use Agriculture A Agriculture B Agriculture C Logging Land Owner Opportunity Cost $40 $30 $20 A, B $80 Logging A, C $70 Logging Mining В, С $60 А, В, С $110 What is the final range constraint for A? 40 < A< 40 40 < A< 55 O 40 < A < 45 40 < A < 50
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