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Figure 10-10 -Refer to Figure 10-10. Which of the Following Statements Is

Question 402

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Figure 10-10 Figure 10-10 -Refer to Figure 10-10. Which of the following statements is correct? A) The private cost of producing the 120<sup>th</sup> unit of output is $12. B) The social cost of producing the 120<sup>th</sup> unit of output is $22. C) The external cost of producing the 120<sup>th</sup> unit of output is $2. D) All of the above are correct.
-Refer to Figure 10-10. Which of the following statements is correct?


A) The private cost of producing the 120th unit of output is $12.
B) The social cost of producing the 120th unit of output is $22.
C) The external cost of producing the 120th unit of output is $2.
D) All of the above are correct.

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