Foundations of Economics (8th Edition)
Foundations of Economics (8th Edition)
8th Edition
ISBN: 9780134486819
Author: Robin Bade, Michael Parkin
Publisher: PEARSON
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Chapter 10, Problem 2MCQ
To determine

The relation between marginal social cost (MSC), marginal private cost (MPC) and marginal external cost (MEC) of producing steel when a steel making plant pollutes the air and water.

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