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Suppose that at market equilibrium, the marginal private benefit is $54 and the marginal social benefit is $66. The market equilibrium is at a quantity
Suppose that at market equilibrium, the marginal private benefit is $54 and the marginal social benefit is $66. The market equilibrium is at a quantity of 24 and the efficient quantity is 35. What is the value of the deadweight loss resulting from the underproduction of this good
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