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-The Figure Above Shows the Market for a Good with an External

Question 29

Multiple Choice

-The figure above shows the market for a good with an external benefit. If the market is competitive and the government takes no action, the equilibrium quantity is ________ units and the equilibrium price is ________ per unit. A) 10; $100 B) 8; $150 C) 10; $150 D) 10; $250 E) 8; $300
-The figure above shows the market for a good with an external benefit. If the market is competitive and the government takes no action, the equilibrium quantity is ________ units and the equilibrium price is ________ per unit.


A) 10; $100
B) 8; $150
C) 10; $150
D) 10; $250
E) 8; $300

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