A hypothetical competitive model for scrubbers is given as follows: MSC = 70.0 +0.5Q MPB = 350.0 - 0.9Q MEB = 56.0 - 0.2Q Where MSC is marginal social cost, MPB is marginal private benefit, and MEB is marginal external benefit. Answer the following question based on this information. Based on the above information, buyers of the scrubbers will end up paying _________ per unit after government subsidy: Group of answer choices 210 200 170 175 161

A hypothetical competitive model for scrubbers is given as follows: MSC = 70.0 +0.5Q MPB = 350.0 - 0.9Q MEB = 56.0 - 0.2Q Where MSC is marginal social cost, MPB is marginal private benefit, and MEB is marginal external benefit. Answer the following question based on this information. Based on the above information, buyers of the scrubbers will end up paying _________ per unit after government subsidy: Group of answer choices 210 200 170 175 161

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

A hypothetical competitive model for scrubbers is given as follows:
MSC = 70.0 + 0.5Q
MPB = 350.0 - 0.9Q
MEB = 56.0 - 0.2Q
Where MSC is marginal social cost, MPB is marginal private benefit, and MEB is marginal external benefit. Answer the
following question based on this information.
Based on the above information, buyers of the scrubbers will end up paying ______ per unit after government subsidy:
Group of answer choices
210
200
170
175
161

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