Use the following to answer questions below :
-Refer to the graph of marginal private cost (MPC) and marginal private benefit (MPB). If production of this good gives rise to an external social cost equal to $1 per unit produced, what is the socially optimal level of output?

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Use the following to answer questions below : 
-Refer to the graph of marginal private cost (MPC) and marginal private benefit (MPB). If production of this good gives rise to an external social cost equal to $1 per unit produced, what is the socially optimal level of output?

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The Answer of Use the following to answer questions below : 
-Refer to the graph of marginal private cost (MPC) and marginal private benefit (MPB). If production of this good gives rise to an external social cost equal to $1 per unit produced, what is the socially optimal level of output?

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