1. (4) Sacial Surplus Analysis" a) (2) Under what conditions does the aggregate marginal private cost curve coincide with aggregate/market supply curve? b) (2) Under what conditions does the aggregate marginal social benefit curve coincide with the aggregate demand curve?

1. (4) Sacial Surplus Analysis" a) (2) Under what conditions does the aggregate marginal private cost curve coincide with aggregate/market supply curve? b) (2) Under what conditions does the aggregate marginal social benefit curve coincide with the aggregate demand curve?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

1. (4) Social Surplus Analysis
a) (2) Under what conditions does the aggregate marginal private cost curve coincide with
aggregate/market supply curve?
b) (2) Under what conditions does the aggregate marginal social benefit curve coincide with the
aggregate demand curve?

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