A small town is considering awarding an exclusive contract to Share Inc., a ride sharing company....
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A small town is considering awarding an exclusive contract to Share Inc., a ride sharing company. They have collected the following information: P = 32 -0.008Q TC = 5,000+ 0.008Q² where Q = the number of passengers P = the price of each ride. What is the social cost of awarding this contract to Share inc.? [Please choose the closest answer] A small town is considering awarding an exclusive contract to Share Inc., a ride sharing company. They have collected the following information: P = 32 -0.008Q TC = 5,000+ 0.008Q² where Q = the number of passengers P = the price of each ride. What is the social cost of awarding this contract to Share inc.? [Please choose the closest answer]
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