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4. Use the table below to answer the following questions. Table 3 Chemical Fertilizer Market Marginal Marginal Marginal Social Private Social Output Benefit Cost Cost

4.Use the table below to answer the following questions.

Table 3

Chemical Fertilizer Market

Marginal Marginal Marginal Social Private Social Output Benefit Cost Cost (tonnes) (dollars (dollars) (dollars 140 50 80 120 60 90 100 70 100 80 80 110 60 90 120

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