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Suppose that you have a good which provides the following benefits. MSB=MPB=180-5Q However, this good also has the following costs associated with it. MPC=20+3Q MEC=40
Suppose that you have a good which provides the following benefits. MSB=MPB=180-5Q However, this good also has the following costs associated with it. MPC=20+3Q MEC=40 Showing all work, find the private optimum, social optimum, and the deadweight loss associated with the private optimum
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