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2 ( c ) b . The market equilibrium price is greater thanthe price that is best for society, and the market equilibrium quantity is
c b The market equilibrium price is greater thanthe price that is best for society, and the market equilibrium quantity is the quantity that is best for society. c The government should provide a per unit subsidy of to achieve the socially optimal outcome. This subsidy would cost the government million in total each month.
c
b The market equilibrium price is greater thanthe price that is best for society, and the market equilibrium quantity is the quantity that is best for society.
c The government should provide a per unit subsidy of to achieve the socially optimal outcome. This subsidy would cost the government million in total each month.
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