P
P
P6
P5
P4
P3
P2
Po
0
0
Market for Good X
Qo
Q1
MC
MBso
MBPR
Q
Where P0 = $6, P? = $18, P? = $8, P? = $10, P? = $12, P? = $14, P? = $16, Q? = 200, and Q? = 300.
What is the privately optimal exchange price? (Do not include the dollar sign $ in your answer)