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The Marginal Benefit and Marginal Private Cost Curves for Aphrodisiacs

Question 34

Multiple Choice

The marginal benefit and marginal private cost curves for aphrodisiacs are given as follows: MB = 200 - Q MPC = Q
In addition to private costs, there is a marginal external cost of $10 per unit of output. What is the efficient level of output?


A) 0
B) 55
C) 95
D) 100
E) none of the above

Correct Answer:

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