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Author Question: The figure below shows the marginal benefit to consumers,MB,the marginal cost to private firms,MCP, ... (Read 21 times)

sbegs

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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 price that would occur in a competitive market in the absence of government intervention is


P1.
P2.
P3.
P4.
◦ not possible to know from the information given.


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Marked as best answer by sbegs on Oct 12, 2022

sadoniam

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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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sbegs

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Reply 2 on: Oct 12, 2022
Excellent


peter

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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