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economics.A benevolent social planner discovers a market?
10-12-2012, 10:33 PM
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Jurij-EU Offline
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In first case supply curve shifts left, thus reducing area below demand curve and above supply curve.
Second diagram might be related to too high external costs, or specific case with uncommon supply curve.
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[] - Jurij-EU - 10-12-2012 10:33 PM

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