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Q Search My Home Courses Homework Market Failure: Externalities. Public Goods, and Asymmetric Information (Ch 30) Consider the market for bolts. Suppose that hardware factory

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Q Search My Home Courses Homework Market Failure: Externalities. Public Goods, and Asymmetric Information (Ch 30) Consider the market for bolts. Suppose that hardware factory dumps tonic waste into a nearby river, creating a negative externality for those living downstream from the factory Producing an additional ton of bolts imposes a constant marginal external cost (MEC) of $245 per ton. The following graph shows the demand (marginal private benefits, or MPB) curve and the supply marginal privatecosts, or MPC) curve for bots. Catalog and Study Tools Partner Offers Use the purple points (diamond symbol) to Not the marina social conte (MSC) are what the marginal anternal costa 1245 petan. Rental Options College Success Tips Career Success Tips TO COMMENDED FOR YOU MSC Study Tools Supply IMCI udy Tools for Principles of conomics PRICE Dollars perts of Help 10 Demand IMPS Give feedback . 9 QUANTITY The market trium quantity tons of bots, but they opinquantity of this production Te create an incentive for them to produor the soul optim any of holts, the overnment could impose MacBook Pro

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