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Figure 10-11 -Refer to Figure 10-11. Which of the Following Statements Is

Question 398

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Figure 10-11 Figure 10-11 -Refer to Figure 10-11. Which of the following statements is correct? A) The private value of the 240<sup>th</sup> unit of output is $24. B) The social value of the 240<sup>th</sup> unit of output is $42. C) The external benefit of the 240<sup>th</sup> unit of output is $18. D) All of the above are correct.
-Refer to Figure 10-11. Which of the following statements is correct?


A) The private value of the 240th unit of output is $24.
B) The social value of the 240th unit of output is $42.
C) The external benefit of the 240th unit of output is $18.
D) All of the above are correct.

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