Visit the web site of defenders of wildlife

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Defenders of Wildlife. Each of the 80,000 citizens in a particular county is willing to pay $0.10 to increase the number of wolf litters by one. Each litter of wolves imposes a cost of $5,000 in livestock losses to ranchers.

a. Is the provision of an additional litter of wolves efficient from the social perspective?

b. Visit the Web site of Defenders of Wildlife. Then design a system that will generate the socially efficient outcome.

Reference no: EM131134608

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