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Question 10 1 pts Price Supply (Private + Public Costs) $1.90 Supply 1.80 (Private Costs) 1.70 1.60 - 1.50 1.35- 35 38 42 58 Quantity

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Question 10 1 pts Price Supply (Private + Public Costs) $1.90 Supply 1.80 (Private Costs) 1.70 1.60 - 1.50 1.35- 35 38 42 58 Quantity This graph represents the tobacco industry. The socially optimal price and quantity are $1.90 and 38 units, respectively. $1.80 and 35 units, respectively. $1.60 and 42 units, respectively. $1 35 and 58 units, respectively

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