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Business, 10.10.2019 01:10 liv467

Consider the production of paper in strelsau. suppose that the supply of paper is upward-sloping and the demand for paper is downward-sloping. suppose that the production of paper causes a negative externality of $0.50 per ream (because the smell of the paper production process in this town is both strong and horrific), and the conditions outlined by the coase theorem do not hold. by how much does the optimal price per ream of paper differ from the market price per ream of paper?

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Consider the production of paper in strelsau. suppose that the supply of paper is upward-sloping and...
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