Suppose that it costs 500 per day to search for chanterelle mushrooms at Pt.Reyes National Seashore.On an average day,  the total weight of mushrooms M found at Pt. Reyes is M = 100x - x2  pounds where x is the number of people mushroom hunting on that day. Chanterelles can be sold for $80 per pound. How many more people will go mushroom hunting than is socially optimal ?

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Chapter1: Making Economics Decisions
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Suppose that it costs 500 per day to search for chanterelle mushrooms at Pt.Reyes National Seashore.On an average day,  the total weight of mushrooms M found at Pt.

Reyes is M = 100x - x2  pounds where x is the number of people mushroom hunting on that day. Chanterelles can be sold for $80 per pound. How many more people will go mushroom hunting than is socially optimal ?

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