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Author Question: Production of a good produces pollution that is very damaging with each additional unit. A monopoly ... (Read 50 times)

V@ndy87

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on: Jul 1, 2018
Production of a good produces pollution that is very damaging with each additional unit. A monopoly facing a very elastic demand curve will most likely produce
 
  A) less than the social optimum of the good.
  B) more than the social optimum of the good.
  C) the social optimum of the good.
  D) no externality.

Question 2

If the social marginal cost of a good is very high relative to the private marginal cost, then a monopoly will most likely
 
  A) produce more than the social optimum.
  B) produce less than the social optimum.
  C) produce the social optimum.
  D) produce zero pollution.
Microeconomics ¦ Perloff ¦ 8th Edition
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Briannahope

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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V@ndy87

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Reply #2 on: Jul 1, 2018
Thank you :)


Briannahope

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Reply #3 on: Jul 1, 2018
Happy to help you


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