Using the numerical example in Appendix 18A, determine the social optimum if the marginal harm of gunk
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Using the numerical example in Appendix 18A, determine the social optimum if the marginal harm of gunk is MCg = $84 (instead of Equation 18A.3). Can you think of a shortcut that would allow you to solve this problem without algebra?
Appexdix 18A
p = a - bQ,
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