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What is the quantity produced in the competitive equilibrium

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Reference no: EM132414675

A good that generates a negative externality is sold in a competitive market. Demand is defined by P(Q)=600-2Q and supply is defined by P(Q)=Q. The externality from production is E(Q)=0.5Q2.  

What is the quantity produced in the competitive equilibrium? Q=

What is the price in the competitive equilibrium? P=

Reference no: EM132414675

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