The external marginal cost of producing coal is MC_external = 8Q while the internal marginal cost is MC _internal = 6Q.The inverse demand for coal is given by P = 180 − 4Q.What is the socially efficient level of output? A) 10 B) 20 C) 15 D) 18

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The Answer of The external marginal cost of producing coal is MC_external = 8Q while the internal marginal cost is MC _internal = 6Q.The inverse demand for coal is given by P = 180 − 4Q.What is the socially efficient level of output? A) 10 B) 20 C) 15 D) 18

The External Marginal Cost of Producing Coal Is MCexternal =

The External Marginal Cost of Producing Coal Is MC_external =