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Exhibit 30-4 ​

Question 84

Multiple Choice

Exhibit 30-4
​
Exhibit 30-4 ​ -Refer to Exhibit 30-4. If a negative externality exists, then the external costs associated with the negative externality equal A) P<sub>3</sub> - P<sub>1</sub>. B) P<sub>4</sub> - P<sub>3</sub>. C) P<sub>3</sub> - P<sub>2</sub>. D) P<sub>2</sub> - P<sub>1</sub>.
-Refer to Exhibit 30-4. If a negative externality exists, then the external costs associated with the negative externality equal


A) P3 - P1.
B) P4 - P3.
C) P3 - P2.
D) P2 - P1.

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