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Question
Refer to the graph shown. Assuming a $0.10-per-gallon marginal cost external to the trade that is associated with gasoline, the market price of gasoline necessary to induce consumers to purchase the efficient quantity each year is:
A. $1.10.
B. $1.00.
C. $1.05.
D. $0.95.
Answer
This answer is hidden. It contains 122 characters.
Related questions
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