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The graph shows the market demand and supply of coal from a strip mine. Price $100 90 80 70 60 50 40 30 20 10
The graph shows the market demand and supply of coal from a strip mine. Price $100 90 80 70 60 50 40 30 20 10 0 10 20 30 40 45 50 60 70 80 90 Quantity If the marginal external cost of producing a ton of coal is $60 per ton, the socially optimal amount of coal is tons. Your answer: 10 Next
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