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Refer to Figure 10-2. Suppose that the production of plastic creates a social cost which is depicted in the graph above. What is the socially

Refer to Figure 10-2.Suppose that the production of plastic creates a social cost which is depicted in the graph above. What is the socially optimal quantity of plastic?

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500 units

200 units

650 units

450 units

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Price + Social Cost 4. Private Cost Demand + 0.5 200 500 650 Quantity

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