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Figure4-14 Price S m Pm . ....* Pn n Po O . . . D2 = Marginal social benefit D1 = Marginal private benefit 0

Figure4-14

Price S m Pm . ....* Pn n Po O . . . D2 = Marginal social benefit D1 = Marginal private benefit 0 Qm Qn On Quantity

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