Tarzan and Jane live alone in the jungle. They have trained Cheetah to do all wo

Question

Tarzan and Jane live alone in the jungle. They have trained Cheetah to do all work for them: both to patrol the perimeter of their clearing and to harvest tropical fruits. Cheetah is the production process. Cheetah can collect three pounds of fruit an hour and currently uses his 14 waking hours per day to patrol for 6 hours and pick fruit for 8 hours. What is the public good and what is the private good in this example? If Tarzan and Jane are each currently willing to give up the consumption of one pound of fruit for one hour of patrol, is the allocation of Cheetah’s time Pareto efficient? Should Cheetah patrol more or less? Explain.

Explanation / Answer

Tarzan and Jane live alone in the jungle. They have trained Cheetah to do all wo

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