Graph the following data on social and market demand: Im pretty sure I have the graph correct but I am unsure how to find the anwsers to the questions.
Price ($)
20
18
16
14
12
10
Market quantity demanded (units per month)
30
40
50
60
Social quantity demanded (units per month)
70
Does this product have external benefits or external costs?
How large ($) is that externality
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