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The graph shows the market for chemical production. Price and cost (dollars per ton) 350 Draw a point to indicate the inefficient market equilibrium. 300
The graph shows the market for chemical production. Price and cost (dollars per ton) 350 Draw a point to indicate the inefficient market equilibrium. 300 Draw a shape that shows the deadweight loss created by the pollution MSC externality. Label it. 250- . . . 200 150 100- S-MC 50- D-MSB Quantity (tons per week) > >> Draw only the objects specified in the
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