12. Suppose demand is QD = 16 - P and supply is QS = P. There is...

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12. Suppose demand is QD = 16 - P and supply is QS = P. There is a constant positive externality of $4 per unit 1Marginal external benefit = $42. Find the maximum possible social surplus.

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Microeconomics

ISBN: 9781292214351

2nd Global Edition

Authors: Daron Acemoglu, David Laibson, John List

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Question Posted: Nov 18, 2024 06:00 AM

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12. Suppose demand is QD = 16 - P and supply is QS = P. There is a constant positive externality of $4 per unit 1Marginal external benefit = $42. Find the maximum possible social surplus.
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12. Suppose demand is QD = 16 - P and supply is QS = P. There is...

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Microeconomics

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