Question: Explain why an anti-smoking organization would generate an external benefit to the society. b. Derive the demand curve for the anti-smoking c. Derive the marginal
Explain why an anti-smoking organization would generate an external benefit to the society.
b. Derive the demand curve for the anti-smoking
c. Derive the marginal social benefit curve for the anti-smoking organization
d. What is the equilibrium competitive price for membership and number of members?
e. What is the marginal social benefit of membership to the community?
f. To achieve allocative efficiency, how many memberships are required?
g. What is the marginal social benefit for achieving allocative efficiency?
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