4. The accompanying table shows the total revenue and the total cost that accrue to steel producers...

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4. The accompanying table shows the total revenue and the total cost that accrue to steel producers from producing steel.

Producing a ton of steel imposes a marginal external cost of

$60 per ton.

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Essentials Of Economics

ISBN: 9781429218290

2nd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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