MARLEAccording to the following graph, what is the optimal level of production (optimal quantity)?12$10862AMSCxMSB20 40 6080Ⓒ 8D) 4B 100-MPC80 100 120 140 160 180Q

In case of externality the private cost and the social cost are different.Private cost is the cost…

Answered: IMAGE According to the following graph,…

IMAGE According to the following graph, what is the optimal level of production (optimal quantity)? 14 12 S 10 6 8 4 2 X MSB A 20 40 80 100 8 MSC 60 -MPC 80 100 120 140 160 180 D

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

MARL
E
According to the following graph, what is the optimal level of production (optimal quantity)?
12
$
10
8
6
2
A
MSC
x
MSB
20 40 60
80
Ⓒ 8
D) 4
B 100
-MPC
80 100 120 140 160 180
Q

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