9) An externality of $5/unit based on the positive socialeffects of their consumption exists in this market.201510101520Quantity (units)Draw the new social curve on the graph above and answer:Private | SocialSocialConsumer's Surplus.Producer's SurplusOptimal POptimal QPrice ($/unit)

Externalities are the harmful or beneficial side effects arise out of production or consumption of…

Answered: Draw the new social curve on the graph…

Draw the new social curve on the graph above and answer: Private | Social Social Consumer's Surplus . Producer's Surplus Optimal P Optimal Q

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter17: Externalities And The Environment

Section: Chapter Questions

Problem 10PAE

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Question

9) An externality of $5/unit based on the positive social
effects of their consumption exists in this market.
20
15
10
10
15
20
Quantity (units)
Draw the new social curve on the graph above and answer:
Private | Social
Social
Consumer's Surplus.
Producer's Surplus
Optimal P
Optimal Q
Price ($/unit)

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