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  3. 2 let the willingness to pay for apples at a...

Question: 2 let the willingness to pay for apples at a...

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2. Let the willingness to pay for apples at a particular farm be WTP 30 Q/3 and the marginal cost of producing apples be MCQ/3. 1. [10] What is the efficient level of apple production and the net economic benefit?

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