The market for Good X is depicted below. P P₁ Po P₁ P₁ P3 P₂ Po Qo Market for Good X MCso MCPB MB Q Q₁ Where Po = $10, P1₁ = $50, P2= $18, P3 = $26, P4=$30, P5=$34, P6= $38, Qo=16, and Q₁ = 20. What is the marginal social cost of the 20th unit produced? (Do not include the dollar sign $ in your answer)

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Chapter1: Making Economics Decisions
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The market for Good X is depicted below.
P
P₁
P6
P₁
P₁
P3
P2
Po
Market for Good X
Qo
MCso
MCPR
MB
Q
Q₁
Where Po = $10, P1 = $50, P2 = $18, P3 = $26, P4 = $30, P5 = $34, P6 = $38, Qo=16, and Q1 = 20.
What is the marginal social cost of the 20th unit produced? (Do not include the dollar sign $ in your answer)
Transcribed Image Text:The market for Good X is depicted below. P P₁ P6 P₁ P₁ P3 P2 Po Market for Good X Qo MCso MCPR MB Q Q₁ Where Po = $10, P1 = $50, P2 = $18, P3 = $26, P4 = $30, P5 = $34, P6 = $38, Qo=16, and Q1 = 20. What is the marginal social cost of the 20th unit produced? (Do not include the dollar sign $ in your answer)
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