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A) $100B) Area bC) $25D) $50 124 12 Puny The government is interested in taxing steel production. Based on the figure below, what should be

A) $100B) Area bC) $25D) $50

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124 12 Puny The government is interested in taxing steel production. Based on the figure below, what should be per unit tax to achieve the socially optimal level of production? Social marginal Price of steel cost Private marginal cost 100 D Private marginal benefit = social marginal benefit 100 Quantity of 50 steel

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