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$70 $60 $50 $ per unit a Private MC d $40 C social MB e private MB 0 #of units 20 36 55 The
$70 $60 $50 $ per unit a Private MC d $40 C social MB e private MB 0 #of units 20 36 55 The graph above shows the market for front-yard trees. What price will allow this market to reach the socially optimal outcome?
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
