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Author Question: The diagram below shows the private and social marginal costs (MCPandMCS) and the social marginal ... (Read 44 times)

krabuske

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on: Oct 12, 2022

The diagram below shows the private and social marginal costs (MCP and MCS) and the social marginal benefits (MBS) of producing disposable diapers.



FIGURE 17-2

Refer to Figure 17-2. The net social benefit derived from the production and use of the last unit of disposable diapers is


◦ at a maximum at Q1, because that is where MCS equals MBS.
◦ zero at Q2, because that is where the externality is fully maximized.
◦ zero at Q0, because that is where MCS equals MBS.
◦ at a maximum at Q0, because that is where MCS equals MBS.
◦ at a minimum at Q0, because MCS exceeds MCP.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by krabuske on Oct 12, 2022

reactx

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Reply #1 on: Oct 12, 2022
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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krabuske

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

bimper21

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Reply 3 on: Yesterday
Excellent

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