Business
Business, 05.11.2020 18:50, AleOfficial101

Assume each gallon of gasoline that is produced gives rise to an external cost of $1.25. On any given day, the production of the 10,000th gallon of gasoline entails a private value of $4.00 and a social cost of $3.50. What is the private cost of the 10,000th gallon?

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Assume each gallon of gasoline that is produced gives rise to an external cost of $1.25. On any give...

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