The market for plasticans is perfectly competitive. Market Supply is given by Q=3P and Market Demand is given by Q=392-2P. Each extra unit of plastican produced creates a positive externality of $9. What is the efficient quantity? Enter a number only.

The market for plasticans is perfectly competitive. Market Supply is given by Q=3P and Market Demand is given by Q=392-2P. Each extra unit of plastican produced creates a positive externality of $9. What is the efficient quantity? Enter a number only.

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter17: Externalities And The Environment

Section: Chapter Questions

Problem 6QFR

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The market for plasticans is perfectly competitive. Market Supply is given by Q=3P and
Market Demand is given by Q=392-2P. Each extra unit of plastican produced creates a
positive externality of $9. What is the efficient quantity? Enter a number only.

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