b. Producing Zlurp creates pollution. Each bottle has an external cost of $1. Taking this additional cost

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b. Producing Zlurp creates pollution. Each bottle has an external cost of $1. Taking this additional cost into account, what is total surplus per person in the allocation you described in part (a)?

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Principles Of Microeconomics

ISBN: 9780357722862

10th Edition

Authors: N. Gregory Mankiw

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Question Posted: Nov 04, 2024 10:00 AM

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b. Producing Zlurp creates pollution. Each bottle has an external cost of $1. Taking this additional cost

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Principles Of Microeconomics

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