Question: How do you draw a supply and demand graph for the market for electricity produced by coal.Indicate the market equilibrium? Then, assuming that there's a

  1. How do you draw a supply and demand graph for the market for electricity produced by coal.Indicate the market equilibrium? Then, assuming that there's a fixed social cost not borne by the supplier or consumer (externality), how would you draw the social marginal cost curve and indicate the socially optimal (efficient) price and quantity?

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