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    Exam 17: Externalities
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    -The Table Above Shows Information About the Costs and Benefits
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-The Table Above Shows Information About the Costs and Benefits

Question 216

Question 216

Multiple Choice

  -The table above shows information about the costs and benefits of a steel smelter that pollutes the air of a city. The market is efficient when the quantity of steel produced is ________ tons per week. A)  5 B)  10 C)  15 D)  25
-The table above shows information about the costs and benefits of a steel smelter that pollutes the air of a city. The market is efficient when the quantity of steel produced is ________ tons per week.


A) 5
B) 10
C) 15
D) 25

Correct Answer:

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