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    Principles of Microeconomics Study Set 10
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    Exam 10: Externalities
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    Table 10-1 the Following Table Shows the Private Value, Private Cost, and Cost
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Table 10-1 the Following Table Shows the Private Value, Private Cost, and Cost

Question 285

Question 285

Multiple Choice

Table 10-1
The following table shows the private value, private cost, and external cost for various quantities of output in a market. Table 10-1 The following table shows the private value, private cost, and external cost for various quantities of output in a market.   -Refer to Table 10-1. What is the equilibrium quantity of output in the market? A) 2 units B) 3 units C) 4 units D) 5 units
-Refer to Table 10-1. What is the equilibrium quantity of output in the market?


A) 2 units
B) 3 units
C) 4 units
D) 5 units

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