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James recently discovered an absolutely unique source of medicinal water in his garden. The demand for this water corresponds to Q. = 240 - 2P.

James recently discovered an absolutely unique source of medicinal water in his garden. The demand for this water corresponds to Q. = 240 - 2P. The marginal cost of offering this water to the market is MC = Q. James, who just followed an economics course, wants to achieve the welfare optimum. How much water can he offer to the market?

a. 30.

b. 120

c. 80

d. 60.

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