How much value does this number of hives create for the farmer?Is this the efficient number of hives from the social point of view? Explain.
A beekeeper lives adjacent to an apple orchard. The orchard owner benefits from the bees as each hive pollinates one acre of apple trees. This pollination costs the farmer nothing. The bees come to the orchard without any effort on the part of the farmer. Since there are not enough hives to pollinate the entire […]