Figure 11-4 Figure 11-4 shows a market with a negative externality.
-Refer to Figure 11-4.The private profit-maximising quantity for the firm is

Name: Figure 11-4 Figure 11-4 shows a market with a negative externality. -Refer to Figure 11-4.The private profit-maximising quantity for the firm is
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Question

Figure 11-4  Figure 11-4 shows a market with a negative externality.
-Refer to Figure 11-4.The private profit-maximising quantity for the firm is

Quizplus · Accepted Answer

The private profit-maximizing quantity for a firm is typically where marginal cost equals marginal revenue, which is often represented by Qb in economic diagrams.

Figure 11-4 Figure 11-4 Shows a Market with a Negative