An environmental economic consulting firm is hired to measure the negative externalities associated with the pollution from an industry. The consultants calculate the marginal social cost of production to be MSC = 2Q+30 and the marginal private cost of production to be +30.The market demand curve can be expressed as The net social benefit at the market equilibrium (i.e.the equilibrium where production decisions do not take into account the externality) is:

Question

An environmental economic consulting firm is hired to measure the negative externalities associated with the pollution from an industry. The consultants calculate the marginal social cost of production to be MSC = 2Q+30 and the marginal private cost of production to be  +30.The market demand curve can be expressed as  The net social benefit at the market equilibrium (i.e.the equilibrium where production decisions do not take into account the externality) is:

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The Answer of An environmental economic consulting firm is hired to measure the negative externalities associated with the pollution from an industry. The consultants calculate the marginal social cost of production to be MSC = 2Q+30 and the marginal private cost of production to be  +30.The market demand curve can be expressed as  The net social benefit at the market equilibrium (i.e.the equilibrium where production decisions do not take into account the externality) is:

An Environmental Economic Consulting Firm Is Hired to Measure the Negative