Business, 17.06.2020 00:57 bbykk6023

White truffles are a very prized and rare edible fungus that grow naturally in the countryside near Alba, Italy. Suppose that it costs S200 per day to search for white truffles. On an average day, the total number of white truffles (T) found in Alba is T 20 - r2, 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? a) 8
b) 18
c) 9
d) 0

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White truffles are a very prized and rare edible fungus that grow naturally in the countryside near...