=+c. Draw a diagram illustrating the private and social MC curves and the demand curve. Point out

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=+c. Draw a diagram illustrating the private and social MC curves and the demand curve. Point out the private market quantity, the socially optimal quantity, and the social welfare cost.

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Microeconomics

ISBN: 9780134184241

9th Edition

Authors: Robert Pindyck, Daniel Rubinfeld

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