Analysis of Externality
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a) What type of externality does the graph below represent? Using the letters provided calculate social welfare under the market outcome and the socially optimal outcome. Describe and show the deadweight loss.
Details
- Publication Date
- Jul 4, 2013
- Language
- English
- Category
- Education & Language
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Homework Help Classof1
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- Format