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Let the demand curve for coal be given: Let the supply curve for coal be given: Letbe the price of coal. Suppose the coal production
Let the demand curve for coal be given:
Let the supply curve for coal be given:
Letbe the price of coal. Suppose the coal production create external, marginal damages (MD) in proportion to output given by . What is the deadweight loss generated by too much production in the private equilibriu
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