The demand curve for fire extinguisher slopes downward and


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: The demand curve for fire extinguisher slopes downward and
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