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    Principles of Microeconomics Study Set 8
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    Exam 10: Externalities and Property Rights
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    -Refer to the Diagram Above
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-Refer to the Diagram Above

Question 134

Question 134

Multiple Choice

  -Refer to the diagram above.When the external cost is included,the efficient equilibrium is at price ____________ and quantity _________________. A)  P1;Q1 B)  P2;Q3 C)  P2;Q2 D)  P4;Q2 E)  P3;Q3
-Refer to the diagram above.When the external cost is included,the efficient equilibrium is at price ____________ and quantity _________________.


A) P1;Q1
B) P2;Q3
C) P2;Q2
D) P4;Q2
E) P3;Q3

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