Show the market output and the efficient output level

Reference no: EM133614231

Problem: Show in a graph a market where there is simultaneously a positive and a negative externality. Give sample numbers to quantities and prices. Show the market output and the efficient output level. Show the per unit amount for each externality. What are government policies that would result in an efficient outcome? Explain all the above with words + graph.

Reference no: EM133614231

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