Answer to Question #74074 in Finance for Nomsa
a. Explain why we might not expect to find the efficient number of lighthouses along the coast.
b. (Showing all calculations) what is the efficient number of lighthouses? What would be the net benefits to Zach and Jacob if the efficient number were provided?
Need a fast expert's response?Submit order
and get a quick answer at the best price
for any assignment or question with DETAILED EXPLANATIONS!
he efficient number of lighthouses is 15. If the efficient number were provided then the net benefits to Zach and Jacob would be K210. (any idea how this 210 was found??)