What is the deadweight loss associated with this externality

Reference no: EM133629500

Question: Suppose the demand for education is given by P equals 100 minus Q , and the supply of education is given by P equals Q . Suppose that due to other members in your society becoming educated, there is a decrease in crime, which gives society a social benefit of b equals 6. What is the deadweight loss associated with this externality?

Reference no: EM133629500

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