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5Please give only typed answer The demand curve for gasoline slopes downward and the supply curve for gasoline slopes upward. The production of the 1,000

5Please give only typed answer

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The demand curve for gasoline slopes downward and the supply curve for gasoline slopes upward. The production of the 1,000 gallon of gasoline entails the following: * a private cost of $3.10; . a social cost of $3.55; . a value to consumers of $3.70. Let Q MARKET represent the equilibrium quantity of gasoline, and let Q OPTIMUM represent the socially optimal quantity of gasoline. Which of the following inequalities is correct? O a. 1,000

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