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You are to help set the
cattle prices by handling the bidding as ranchers buy and sell their
cows. |
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You will determine the
value of a new cow |
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You should try to encourage
ranchers to buy and sell cows and attempt to run-up the price of
cattle bought and sold on the open market. |
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Remind each rancher
repeatedly to keep track of the value of each individual cow |
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After buying and selling
ends, figure out the value of a new cow (the current value of
all cows divided by the number of cows on the common) |
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Ask ranchers if they are
breeding their own cows |
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Ask ranchers how many cows
they now own and how much their cows are now worth in the aggregate |
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If necessary, order the
ranchers to subtract $ from the value of each cow they own if the
carrying capacity is exceeded. Have ranchers then report the new value of their cows in
the aggregate. |