=+f. Would the social planner who wishes to maximize social surplus take the marginal social cost of
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=+f. Would the social planner who wishes to maximize social surplus take the marginal social cost of pollution into account? Illustrate in your graph the output quantity that this social planner would choose and compare it to the quantity the market would produce.
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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