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Given the market outlined in the graph, figure out the private and social equilibrium. a) Indicate the private equilibrium and the social equilibrium on the

Given the market outlined in the graph, figure out the private and social equilibrium.

a)Indicate the private equilibrium and the social equilibrium on the graph.

?Private Equilibrium

b)Calculate the tax per unit necessary to reduce the quantity supplied to the socially optimum level.

Tax = $

0

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laecon1.lyryx.com Cacao Tanning Oil with SPF6 -... 5 cars only stupid - Youtube A Big Fat Skin Care Empties & F... Specialist Tries Popular TikTok.. cConcordia - Introduction to Mi.. Principles of Microeconomics ~.. Lab 5 (Question 2) ~ Lyryx Lear.. Date: 2020-06-14 Question 2 [6 points] Given the market outlined in the graph, figure out the private and social equilibrium. a) Indicate the private equilibrium and the social equilibrium on the graph. Private Equilibrium 21 -Demand Full Social Supply Cost 18- 15- Price ($/unit) 12- 8. Eq. P Eq. 3- Private Supply Cost 2 3 4 5 6 7 8 9 10 Reset Quantity b) Calculate the tax per unit necessary to reduce the quantity supplied to the socially optimum level. Tax = $0 Official Time: 12:50:06 SUBMIT AND MARK

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