Using a demand and supply diagram, represent the market for road use. What is the private market

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Using a demand and supply diagram, represent the market for road use. What is the private market outcome and what is likely to be the socially efficient outcome? Explain and refer to your diagram to help support your answer.image text in transcribed

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Economics

ISBN: 9781473768543

5th Edition

Authors: Gregory Mankiw, Mark P. Taylor

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