Econ Micro (book Only)
6th Edition
ISBN: 9781337408066
Author: William A. McEachern
Publisher: Cengage Learning
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Question
Chapter 17, Problem 5P
(a)
To determine
The marginal external cost of production
(b)
To determine
If there is no regulation on externality, calculate the level produced.
(c)
To determine
The level that should be produced to achieve economic efficiency.
(d)
To determine
The net gain dollar value to the society.
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