Question
Refer to the figure below. At the market equilibrium quantity, the social marginal cost of the last ton of paper produced is __________ the private
Refer to the figure below. At the market equilibrium quantity, the social marginal cost of the last ton of paper produced is __________ the private marginal benefit of the last ton of paper produced.
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Macroeconomics Principles Applications and Tools
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
9th edition
978-0134089027, 134089022, 978-0134420684
