What is the efficient quantity of water taken and the marginal social cost at the efficient quantity?

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What is the efficient quantity of water taken and the marginal social cost at the efficient quantity?
A spring runs under a village. Everyone can sink a well on her or his land and take water from the spring. Figure 17.11 shows the marginal social benefit from and the marginal cost of taking water.
What is the efficient quantity of water taken and the
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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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