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Figure 11.4.1 Market for Public Transit Figure 11.4.1 shows the marginal social cost for providing public transit, and the marginal private benefit and marginal social
Figure 11.4.1 Market for Public Transit Figure 11.4.1 shows the marginal social cost for providing public transit, and the marginal private benefit and marginal social benefit from using public transit. Marginal private cost is the same as marginal social cost. If production is left to the private market, what is the marketclearing price of a unit
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