answer plzz... 3:39 PM Sun Mar 19=Use the graph to answer the question. The marginal social benefit, marginal privatebenefit, and marginal private curves for the taco market are in the graph. If marketforces prevail, output will be and the price will be.Price3:39 PM Sun Mar 19BEREACOLLEGEO O O O$18.$15$12$9$6$300Price$180BEREACOLLEGANa. six; $4$15$12$9$6$30O a.-+--0c.Marginalprivate benefit26-+---six; $4b. six; $9Marginalprivate benefit26four; $6d. nine; $6448810wwwmoodle.berea.edu10Marginalprivate costMarginalsocial benefit12Quantitywwwmoodle.berea.eduMarginalprivate costMarginalsocial benefit12Quantity@ 96 % 1@ 96 %)

Positive externality refers to the spillover benefit of the good to the society, which is not…

Use the graph to answer the question. The marginal social benefit, marginal private benefit, and marginal private curves for the taco market are in the graph. If market forces prevail, output will be , and the price will be Price $18 $15 $12 $9 $6 $3 0 0 Marginal private benefit 2 6 4 8 10 Marginal private cost Marginal social benefit 12 Quantity

Use the graph to answer the question. The marginal social benefit, marginal private benefit, and marginal private curves for the taco market are in the graph. If market forces prevail, output will be , and the price will be Price $18 $15 $12 $9 $6 $3 0 0 Marginal private benefit 2 6 4 8 10 Marginal private cost Marginal social benefit 12 Quantity

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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