The table given below represents the marginal valuation of a beekeeper (collecting honey) and an orchard farmer (producing mangoes) .The beekeeper's opportunity cost reflects the loss in honey collection resulting from the usage of the same orchard again and again.
-Refer to Table .What would be the maximum number of days for which the orchard owner would wish to keep the beekeeper in the orchard by paying him a compensation which is sufficient to cover the latter's opportunity cost?
A) 5 days
B) 7 days
C) More than 7 days
D) 3 days
Correct Answer:
Verified
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