Afarmer is deciding whether or not to add fertilizer to his or her crops. if the farmer adds l pound of fertilizer per acre, the value of the resulting crops rises from $80 to $100 per acre. according to marginal analysis, the farmer should add fertilizer if it costs less than:

a. $12.50 per pound
b. $20 per pound.
c. $80 per pound.
d. $100 per pound.

In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and bad for society? a. two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells.b. two airlines dominate air travel between city a and city b, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities.c. two superpowers decide whether to build new weapons or to disarm.d. in all of the above cases, the cooperative outcome of the game is good for the two players and bad for society