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Author Question: A paper mill discharges chemicals into a river which pollutes the shores of a downstream resort ... (Read 38 times)

curls713

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on: Oct 12, 2022
A paper mill discharges chemicals into a river which pollutes the shores of a downstream resort area. The private marginal cost, social marginal cost, and marginal benefit associated with the production of paper are given by the following equations:
MCP = 5 + Q
MCS = 10 + 2Q
MB = 35 - 0.5Q.
A competitive free market will produce output of ________ units, and this amount is ________ than the allocatively efficient level of output.
◦ 5; less
◦ 10; less
◦ 20; more
◦ 25; more
◦ 15; more
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by curls713 on Oct 12, 2022

sadoniam

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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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curls713

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

apple

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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