Costs/Benefits MSC=MPC Psop......... Welfare loss P1 Q1 Qsop MPB MSB Quantity

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter16: The Markets For Labor, Capital, And Land
Section: Chapter Questions
Problem 17P
Question

Can I have help with this question. I thought it might be a right shift in demand.

negative externality

 

positive externality

 

A shift left in supply

 

A shift right in demand

Costs/Benefits
MSC=MPC
Psop.........
Welfare loss
P1
Q1
Qsop
MPB
MSB
Quantity
Transcribed Image Text:Costs/Benefits MSC=MPC Psop......... Welfare loss P1 Q1 Qsop MPB MSB Quantity
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