Multiple Choice
-The above table shows the marginal benefits and costs from production of fertilizer. There are no external benefits. If the market is perfectly competitive and unregulated, the equilibrium output will be
A) 2,000 tons.
B) 3,000 tons.
C) 4,000 tons.
D) 5,000 tons.
Correct Answer:

Verified
Correct Answer:
Verified
Q230: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure
Q231: The concept of externalities means that subsidizing
Q232: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure
Q233: Suppose a good has an external benefit
Q236: When individuals make decisions about how much
Q237: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" The figure shows
Q238: In which of the following cases does
Q239: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure
Q240: One way that government can increase the
Q290: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure