Home » Question 3 (2 points) Table 11-1 Consider the town of Tritown with only three residents, Ed, Jim, and Tony.

# Question 3 (2 points) Table 11-1 Consider the town of Tritown with only three residents, Ed, Jim, and Tony.

Question 3 (2 points) Table 11-1Consider the town of Tritown with only three residents, Ed, Jim, and Tony. The three residents are trying to determine how large, in acres, they should build the public park. The table below shows each resident’s willingness to pay for each acre of the park.Acres Ed Jim Tony 1 \$12 \$16 \$28 2 8 12 24 3 4 8 20 4 2 4 16 5 0 1 12 6 0 0 8 7 0 0 4 Refer to Table 11-1. Suppose the cost to build the park is \$30 per acre and that the residents have agreed to split the cost of building the park equally. To maximize his own surplus, how many acres would Jim like Tritown to build the park?

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.