Refer to Scenario 18.1. It would be acceptable to both parties to have

Refer to Scenario 18.1. It would be acceptable to both parties to have the fishermen pay the factory

A) $0 to install a filter.
B) $500 to install a filter.
C) $4,000 to install a filter.
D) $6,000 to install a filter.
E) any amount greater than $4,000 and less than $6,000 to install the filter and make both parties better off.

 

ANSWER

E

 

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