7 P Public Good 6. D Public 5- 4 3 2- 1 MC DA DB T T T 0 1 2 3 4 5 6 7 8 9 10 11 12 Q Use the above figure to answer the following question. Refer to the figure. What is the social marginal benefit at the socially optimal amount of widgets? $3 $4 $2 $7
7 P Public Good 6. D Public 5- 4 3 2- 1 MC DA DB T T T 0 1 2 3 4 5 6 7 8 9 10 11 12 Q Use the above figure to answer the following question. Refer to the figure. What is the social marginal benefit at the socially optimal amount of widgets? $3 $4 $2 $7
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section9.3: Single-stage Decision Problems
Problem 6P
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Question
I need do fast typing clear urjent no chatgpt used i will give 5 upvotes pls full explain with diagram
![7
P
Public Good
6.
D Public
5-
4
3
2-
1
MC
DA
DB
T
T
T
0
1 2
3
4
5
6 7 8 9 10 11 12 Q
Use the above figure to answer the
following question.
Refer to the figure. What is the social
marginal benefit at the socially optimal
amount of widgets?
$3
$4
$2
$7](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe29b6c62-ad9d-43ee-b0a3-f4b14a5c5026%2F54116bdf-a53b-4595-93ee-c1759ad95a1c%2F187gsmh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:7
P
Public Good
6.
D Public
5-
4
3
2-
1
MC
DA
DB
T
T
T
0
1 2
3
4
5
6 7 8 9 10 11 12 Q
Use the above figure to answer the
following question.
Refer to the figure. What is the social
marginal benefit at the socially optimal
amount of widgets?
$3
$4
$2
$7
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