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Anastaziya [24]
2 years ago
10

The total dollar value of bison killed from Huntington Forest is f(b)=42b-1.1b^2, where b is the number of bison killed. The mar

ginal cost of killing bison is 0. What is the optimal bison-killing tax (per bison) to avoid the tragedy of the commons in this forest?

Business
1 answer:
balandron [24]2 years ago
3 0

Answer: 20.99

Explanation:

The optimal bison-killing tax is 20.99

Before the optimal bison-killing tax (per bison) is gotten, we had to calculate the optimum amount of killing first which is represented by b.

After b has been gotten, the value of b was 19.1 and this was slotted into the tax in order to get the value of t.

The analysis and explanation has been attached below

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