For the 100th unit of good X: a. What is the marginal benefit (MB) to consumers? $______

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For the 100th unit of good X:

a. What is the marginal benefit (MB) to consumers? $______

b. What is the marginal private cost of production (MPC)? $______

c. What is the marginal damage (MD) to the environment? $______

d. What is the marginal social cost (MSC)? $______

e. What is the marginal net loss to society? $______

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Public Finance

ISBN: 9780073375748

1st Edition

Authors: Laurence S. Seidman

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