(Solved): Please help me solve and explain Consider the use of a pasture for grazing cattle in 19th century ...

Please help me solve and explain

Consider the use of a pasture for grazing cattle in 19th century Arizona. Ranchers must choose how many cattle, \( C \), to add to the pasture. The Total Product, Marginal Product, Total Cost, and Marginal Cost of cattle in the pasture are given by: \[ \begin{array}{l} \text { Total Product }=150 \mathrm{C}-2 \mathrm{C}^{2} \\ \text { Marginal Product }=150-4 \mathrm{C} \\ \text { Total Cost }=10 \mathrm{C} \\ \text { Marginal Cost }=10 \end{array} \] Note: Total Product is similar to Total Benefit from the class videos. A. (5 points) How many cows should be added to the pasture to maximize the net benefits from ranching? B. (3 points) What is the average product from adding one more cow to the pasture? C. (5 points) If there are no limits on grazing (i.e. the pasture is a commons), how many cows will be added to the pasture?