Multiple Choice
Figure 10-11
-Refer to Figure 10-11.Which of the following statements is correct?
A) The private value of the 280th unit of output is $10.
B) The social value of the 280th unit of output is $28.
C) The external benefit of the 280th unit of output is $18.
D) All of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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