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A company has 10 employees, all of whom desire more pleasant work environment. Accordingly, they're considering removing litter from grounds of plant. Each employee has an inverse demand for "clean grounds" of P=100-2Q, where Q is the number of empty soda cans removed from the premise. The marginal cost of removing beer cans is $1 per can. What is the socially efficient quantity of cans to remove?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M937623

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