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Kelsey's home burns down, and she suffers the loss of many valuable items she has collected over the years. she purchased a standard fire insurance policy with the usual clauses and provisions ten years earlier. she and the insurance adjuster work for months but fail to agree on the amount of the loss. in this situation:
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White truffles are a very prized and rare edible fungus that grow naturally in the countryside near alba, italy. suppose that it costs $200 per day to search for white truffles. on an average day, the total number of white truffles (t) found in alba is t = 20x − x 2 , where x is the number of people searching for white truffles on that day. white truffles can be sold for $100 each. if there is no regulation, how many more people will be searching for white truffles than the socially optimal number?
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Kelsey's home burns down, and she suffers the loss of many valuable items she has collected over the...
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