What is the value of the deadweight loss

Reference no: EM133596983

Assignment:

Suppose that at market equilibrium, the marginal private cost is $58 and the marginal social cost is $76. The market equilibrium is at a quantity of 25 and the efficient quantity is 15. What is the value of the deadweight loss resulting from the overproduction of this good? Do not include the $ in your answer.

Reference no: EM133596983

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