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Exhibit 31-2 -Refer to Exhibit 31-2.If the Exhibit Represents a Positive Externality

Question 176

Multiple Choice

Exhibit 31-2
Exhibit 31-2 -Refer to Exhibit 31-2.If the exhibit represents a positive externality situation,the private cost of expanding output from Q<sub>1</sub> to Q<sub>2</sub> is the area of A) Q<sub>1</sub>ABQ<sub>2</sub>. B) Q<sub>1</sub>AEQ<sub>2</sub>. C) Q<sub>1</sub>CBQ<sub>2</sub>. D) ABE.
-Refer to Exhibit 31-2.If the exhibit represents a positive externality situation,the private cost of expanding output from Q1 to Q2 is the area of


A) Q1ABQ2.
B) Q1AEQ2.
C) Q1CBQ2.
D) ABE.

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