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Table 10-3 Quantity Private Value Private Cost External Benefit (Units) (Dollars) (Dollars) (Dollars) 22 12 10 2 20 15 10 W 18 18 10 4

Table 10-3 Quantity Private Value Private Cost External Benefit (Units) (Dollars) (Dollars) (Dollars) 22 12 10 2 20 15 10 W 18 18 10 4 16 21 10 5 14 24 10 6 12 27 10 Refer to Table 10-3. The market equilibrium quantity of output is a. 5 units. b. 4 units. c. 3 units. d. 6 units

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