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What tax per ton of steel produced would lead to the socially efficient amount of steel production? Make sure to show how the tax changes
What tax per ton of steel produced would lead to the socially efficient amount of steel production? Make sure to show how the tax changes the PMC curve as part of your answer. I'm asking you to do this because the new PMC curve is what causes the market to reach the socially optimal quantity and it is also a way to check your work
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