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    Microeconomics Study Set 23
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    Exam 18: Externalities and Public Goods
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    Figure 18.1.2 -Refer to Figure 18.1.2. the Efficient Level of Output Is
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Figure 18.1.2 -Refer to Figure 18.1.2. the Efficient Level of Output Is

Question 24

Question 24

Multiple Choice

  Figure 18.1.2 -Refer to Figure 18.1.2. The efficient level of output is: A)  q<sub>1</sub>. B)  q<sub>2</sub>. C)  q<sub>3</sub>. D)  A mix of q<sub>1</sub> and q<sub>3</sub>. Figure 18.1.2
-Refer to Figure 18.1.2. The efficient level of output is:


A) q1.
B) q2.
C) q3.
D) A mix of q1 and q3.

Correct Answer:

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