Business
Business, 05.11.2019 20:31, awdadaddda

Suppose the supply curve of portable radio rentals in golden gate park is given by: p = 5 + 0.1q, where p is the daily rent per unit in dollars and q is the volume of units rented in hundreds per day. the demand curve for portable radios is: p = 20 – 0.2q. if each portable radio imposes $6.00 per day in noise costs on others, by how much will the equilibrium number of portable radios rented exceed the socially optimal number?

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Suppose the supply curve of portable radio rentals in golden gate park is given by: p = 5 + 0.1q, w...

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