Specialized electronic batteries, such as those for laptops, are hard to dispose of safely, yielding excess pollution when one gets thrown away. Suppose that producing these batteries creates a social cost of $150 per unit. Please shift the appropriate curve(s) to reflect this social cost. 1000 900 800 Private Cost Which of the following is the label of the curve that shifted? Supply private 700 600 ST 500 400 300 200 100 0 0 Demand 1000 2000 3000 4000 5000 6000 7000 8000 Quantity of Laptops Supply social Demand private Demand social

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Specialized electronic batteries, such as those for laptops, are hard to dispose of safely, yielding excess
pollution when one gets thrown away. Suppose that producing these batteries creates a social cost of
$150 per unit. Please shift the appropriate curve(s) to reflect this social cost.
1000
900
800
700
600
S
8500
400
300
200
100
0
Private Cost
Which of the following is the label of the curve
that shifted?
Supply private
Demand
1000 2000 3000 4000 5000 6000 7000 8000
Quantity of Laptops
Supply social
Demand private
Demand social
Transcribed Image Text:Specialized electronic batteries, such as those for laptops, are hard to dispose of safely, yielding excess pollution when one gets thrown away. Suppose that producing these batteries creates a social cost of $150 per unit. Please shift the appropriate curve(s) to reflect this social cost. 1000 900 800 700 600 S 8500 400 300 200 100 0 Private Cost Which of the following is the label of the curve that shifted? Supply private Demand 1000 2000 3000 4000 5000 6000 7000 8000 Quantity of Laptops Supply social Demand private Demand social
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