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The market for Good X is depicted below. P P₁ Po P₁ P₁ P3 P₂ Po Qo Market for Good X MCso MCPB MB Q Q₁ Where Po = $10, P1₁ = $50, P2= $18, P3 = $26, P4=$30, P5=$34, P6= $38, Qo=16, and Q₁ = 20. What is the marginal social cost of the 20th unit produced? (Do not include the dollar sign $ in your answer)

The market for Good X is depicted below. P P₁ Po P₁ P₁ P3 P₂ Po Qo Market for Good X MCso MCPB MB Q Q₁ Where Po = $10, P1₁ = $50, P2= $18, P3 = $26, P4=$30, P5=$34, P6= $38, Qo=16, and Q₁ = 20. What is the marginal social cost of the 20th unit produced? (Do not include the dollar sign $ in your answer)

Macroeconomics
Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter1: What Economics Is About
Section: Chapter Questions
Problem 19QP
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The market for Good X is depicted below. P P₁ P6 P₁ P₁ P3 P2 Po Market for Good X Qo MCso MCPR MB Q Q₁ Where Po = $10, P1 = $50, P2 = $18, P3 = $26, P4 = $30, P5 = $34, P6 = $38, Qo=16, and Q1 = 20. What is the marginal social cost of the 20th unit produced? (Do not include the dollar sign $ in your answer)
Transcribed Image Text:The market for Good X is depicted below. P P₁ P6 P₁ P₁ P3 P2 Po Market for Good X Qo MCso MCPR MB Q Q₁ Where Po = $10, P1 = $50, P2 = $18, P3 = $26, P4 = $30, P5 = $34, P6 = $38, Qo=16, and Q1 = 20. What is the marginal social cost of the 20th unit produced? (Do not include the dollar sign $ in your answer)
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