The demand curve for fire extinguisher slopes downward and, Ask an Expert

Economics

The demand curve for fire extinguisher slopes downward and supply curve for fire extinguishers slopes upward. The production of the 500 fire extinguisher entails the following, a private cost$10,an external cost of $0, a private value of $9, an external benefit of $3.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91826723

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