The market for plasticans is perfectly competitive. Market Supply is given by Q=3P and Market Demand is given by Q=321-2P. Each extra unit of plastican produced imposes a negative externality of $7. What is the (absolute value of) Deadweight Loss due to the externality?

Principles of Microeconomics
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ISBN:9781305156050
Author:N. Gregory Mankiw
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Chapter10: Externalities
Section10.3: Private Solutions To Externalities
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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=321-2P. Each extra unit of
plastican produced imposes a negative externality of $7. What is the
(absolute value of) Deadweight Loss due to the externality?

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