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Author Question: The figure below shows the marginal benefit to consumers,MB,the marginal cost to private firms,MCP, ... (Read 60 times)

Deej

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The figure below shows the marginal benefit to consumers, MB, the marginal cost to private firms, MCP, and the marginal cost to society, MCS, at each level of output of some good.



FIGURE 17-1

Refer to Figure 17-1. The socially optimal level of output is


◦ zero.
Q1.
Q2.
Q3.
◦ none of the above; there is no optimal output level.


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Marked as best answer by Deej on Oct 12, 2022

nikspatel037

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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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Deej

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


kswal303

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

 

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