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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Related Book For
Essentials Of Economics
ISBN: 9781429218290
2nd Edition
Authors: Paul Krugman, Robin Wells, Kathryn Graddy
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