Costs/Benefits MSC=MPC Psop......... Welfare loss P1 Q1 Qsop MPB MSB Quantity

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
ChapterE: Budget Constraint And Indifference Curve Analysis
Section: Chapter Questions
Problem 1QP
Question

Can I have help with this question. I thought it might be a right shift in demand.

negative externality

 

positive externality

 

A shift left in supply

 

A shift right in demand

Costs/Benefits
MSC=MPC
Psop.........
Welfare loss
P1
Q1
Qsop
MPB
MSB
Quantity
Transcribed Image Text:Costs/Benefits MSC=MPC Psop......... Welfare loss P1 Q1 Qsop MPB MSB Quantity
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