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Consider the market for dams along a river, illustrated in the figure to the right, where S, is marginal private cost an
Posted: Sun Jun 05, 2022 4:38 pm
by answerhappygod
- Consider The Market For Dams Along A River Illustrated In The Figure To The Right Where S Is Marginal Private Cost An 1 (22.85 KiB) Viewed 51 times
Consider the market for dams along a river, illustrated in the figure to the right, where S, is marginal private cost and D, is marginal private benefit. Dams are an example of a public good Suppose that the consumption of dams along a river generates a positive externality of $100 per unit. If so, then according to the figure, the optimal quantity of dams along a river for society is 8 units. (Enter your response as an integer) GELED Price of dams along a river (per squar 500- 450- 400- 350- 300- 250- 200- 150 100 50- 0 0 2 4 5 6 7 8 9 10 11 12 13