please answer quickly as possible And the copper production causes chemicals to
ID: 1173251 • Letter: P
Question
please answer quickly as possible
And the copper production causes chemicals to seep into the groundwater and negative production externally. Assume the value of the external cost to be measured as$5. Answer the following questions: What is the free market copper production output? 100 200 300 400 What is the social optimum copper production output, if we take the $5 into consideration? 140 240 340 440 What is the level of consumer surplus in free market? $1000 $2000 $3000 $4000 What is the level of producer surplus in free market? $1500 $2500 $3500 $4500Explanation / Answer
C
D
B
A
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