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Determine the highest and lowest payments from the writer

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What are the highest and lowest payments from the writer that the beekeeper- farmer team will accept for the sixth day? Assuming that the farmer can dispose of $ 7 from the writer as she wishes, what range of payments will the beekeeper accept? Assuming that the beekeeper gets that amount, what range of payments will the farmer accept? ( Remember that negative payments are also possible.) Answer the same questions for the fifth day.

Reference no: EM13456511

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