a. what is the profit maximizing quantity of the good for The industry (Q1) when it is not forced to consider the externality? The profit-maximizing quanity for the industry (Q1) is: b. what is the profit maximizing quantity for the representative individual firm (q1)?
a. what is the profit maximizing quantity of the good for The industry (Q1) when it is not forced to consider the externality? The profit-maximizing quanity for the industry (Q1) is: b. what is the profit maximizing quantity for the representative individual firm (q1)?
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 6SQ
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Question
1)
a. what is the profit maximizing quantity of the good for The industry (Q1) when it is not forced to consider the externality? The profit-maximizing quanity for the industry (Q1) is:
b. what is the profit maximizing quantity for the representative individual firm (q1)?
![puestion Completion Status:
The following graphs show the aggregate market and a representative individual firm in industry Y:
Aggregate Market
Individual Firm
Swith damage cost
MSC
14
13
P13
Swithout
damage
cost
12
12
MC
11
11-
10
10
Damage cost
Damage cost
19
18
D- MR
Demand
2,000 4,000 6,000 8,000 10,000 12,000
3456 7 89 10 11 12
Quantity
Quantity
ick Save and Submit to save and submit. Click Save All Answers to save all answers.
Price](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F54319316-f7dd-4fff-94ce-4a0a6cf1b5c8%2Fa0825299-ee3e-4293-84b2-3a1064a10c8d%2Fecmp8ub_processed.jpeg&w=3840&q=75)
Transcribed Image Text:puestion Completion Status:
The following graphs show the aggregate market and a representative individual firm in industry Y:
Aggregate Market
Individual Firm
Swith damage cost
MSC
14
13
P13
Swithout
damage
cost
12
12
MC
11
11-
10
10
Damage cost
Damage cost
19
18
D- MR
Demand
2,000 4,000 6,000 8,000 10,000 12,000
3456 7 89 10 11 12
Quantity
Quantity
ick Save and Submit to save and submit. Click Save All Answers to save all answers.
Price
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