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ericayi ericayi
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2 years ago
Suppose a firm producing roof shingles imposes a negative externality on the surrounding area due to the noxious fumes emitted from the plant. The private marginal cost, social marginal cost and marginal benefit associated with the production of the shingles are given by the following equations:
MCP = 5 + 2Q
MCS = 10 + 3Q
MB = 50 - Q
A competitive free market will produce ________ units, at a price of ________ per unit.

▸ 20; $40

▸ 15; $40

▸ 20; $25

▸ 10; $35

▸ 15; $35
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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DPhoenixDPhoenix
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2 years ago
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ericayi Author
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2 years ago
Smart ... Thanks!
annakc
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Yesterday
this is exactly what I needed
kriggs62
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2 hours ago
Thank you, thank you, thank you!
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