How would you characterize such a situation


Problem

An apple grower's orchard provides nectar to a neighbour's bees, while the beekeeper's bees help the apple grower by pollinating his apple blossoms. How would you characterize such a situation? Explain why this situation might lead to an under-allocation of resources to both apple farming and beekeeping.

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Macroeconomics: How would you characterize such a situation
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