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Business, 07.10.2019 23:10 isabelleecurtis
Assume the world market for oil is competitive and that the marginal cost of producing (extracting and bringing to market) another barrel of oil is $82.00 and the marginal benefit is $81.20. if one more barrel of oil is produced and consumed, how will economic surplus change?
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Assume the world market for oil is competitive and that the marginal cost of producing (extracting a...
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