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14.)Beekeepers' demand curve for beehives is PD = 36 – Qº. The supply curve for beehives is given by PS = 2Q$. Bees from beekeepers’ beehives increase the pollination of local gardeners plants. Local gardeners value the external benefit of the increased pollination from a beehive at $12. What is the marginal benefit of society (MBS) curve for this market? a.) MBS = 36 – Q b.) MBS = 48 – c.) MBS = 2Q d.) MBS = 12 + 2Q -

14.)Beekeepers' demand curve for beehives is PD = 36 – Qº. The supply curve for beehives is given by PS = 2Q$. Bees from beekeepers’ beehives increase the pollination of local gardeners plants. Local gardeners value the external benefit of the increased pollination from a beehive at $12. What is the marginal benefit of society (MBS) curve for this market? a.) MBS = 36 – Q b.) MBS = 48 – c.) MBS = 2Q d.) MBS = 12 + 2Q -

Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter10: Externalities
Section: Chapter Questions
Problem 2PA
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14.)Beekeepers' demand curve for beehives is PD = 36 – QD. The supply curve for beehives is given by PS = 2QS. Bees from beekeepers' beehives increase the pollination of local gardeners plants. Local gardeners value the external benefit of the increased pollination from a beehive at $12. What is the marginal benefit of society (MBS) curve for this market? a.) MBS = 36 – Q = 48 – Q b.) MBS c.) MBS = 2Q = 12 + 2Q d.) MBS 15.)Beekeepers' demand curve for beehives is PD = 36 – QD. The supply curve for beehives is given by PS = 2QS. Bees from beekeepers’ beehives increase the pollination of local gardeners plants. Local gardeners value the external benefit of the increased pollination from a beehive at $12. What is the marginal cost of society (MCS) curve for this market? a.) MCS = 36 – Q b.) MCS = 48 – Q с.) MCS 3 2Q d.) MCS = 12 + 2Q
Transcribed Image Text:14.)Beekeepers' demand curve for beehives is PD = 36 – QD. The supply curve for beehives is given by PS = 2QS. Bees from beekeepers' beehives increase the pollination of local gardeners plants. Local gardeners value the external benefit of the increased pollination from a beehive at $12. What is the marginal benefit of society (MBS) curve for this market? a.) MBS = 36 – Q = 48 – Q b.) MBS c.) MBS = 2Q = 12 + 2Q d.) MBS 15.)Beekeepers' demand curve for beehives is PD = 36 – QD. The supply curve for beehives is given by PS = 2QS. Bees from beekeepers’ beehives increase the pollination of local gardeners plants. Local gardeners value the external benefit of the increased pollination from a beehive at $12. What is the marginal cost of society (MCS) curve for this market? a.) MCS = 36 – Q b.) MCS = 48 – Q с.) MCS 3 2Q d.) MCS = 12 + 2Q
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