Business, 17.06.2020 19:57 lilpeepxliltracy

Suppose that it costs $100 per day to search for chanterelle mushrooms at Pt. Reyes National Seashore. On an average day, the total weight of mushrooms M found at Pt. Reyes is M = 100x-x^2 pounds ,where x is the number of people mushroom hunting on that day. Chanterelles can be sold for $60 per pound. Required:
How many more people will go mushroom hunting than is socially optimal?

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Suppose that it costs $100 per day to search for chanterelle mushrooms at Pt. Reyes National Seashor...

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