Mr. Smith is an avid landscaper and gardener, resulting in the most beautiful house on his block. This increases property values on his street, resulting in a positive consumption externality for his neighbors. Below is a graph of the private and social benefit and private cost of Mr. Smith's gardening. Calculate the deadweight loss caused by this positive consumption externality.
a = $29 b = $23 c = $17 d = $8 e = $2 f = $5
Recently Asked Questions
- Cn someone please help me solvee the following in preparation for my exam , i got this question out of an old exam paper and i onlybknow how to s9lve this for
- BSBMGT608 - Manage innovation and continuous improvement Question 5: Review ‘Part 2 – Follow up’. Examine implementation issues and failures.
- Hello I need your help in this. 1- policy memorandum on (Afghanistan and China trade relationship). Note; *for more details I will share the template with you.