The market for plasticans is perfectly competitive. Market Supply is given by Q=9P and Market Demand is given by Q=394-2P. Each extra unit of plastican produced imposes a negative externality of $6. What is the total surplus at the efficient quantity?

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Q: The market for plasticans is perfectly competitive. Market Supply is given by Q=3P and Market Demand…

A: Answer in Step 2

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Q: The market for plasticans is perfectly competitive. Market Supply is given by Q=3P and Market Demand…

A:

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A:

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A: