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    Principles of Microeconomics Study Set 10
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    Exam 10: Externalities
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    Figure 10-12 -Refer to Figure 10-12. Which of the Following Is an Following
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Figure 10-12 -Refer to Figure 10-12. Which of the Following Is an Following

Question 222

Question 222

Multiple Choice

Figure 10-12 Figure 10-12   -Refer to Figure 10-12. Which of the following is an appropriate label for Line 2? A) social cost minus social value B) social value minus private cost C) demand D) private value plus external benefit
-Refer to Figure 10-12. Which of the following is an appropriate label for Line 2?


A) social cost minus social value
B) social value minus private cost
C) demand
D) private value plus external benefit

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