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Exhibit 30-5 ​ Refer to Exhibit 30-5.  If a Positive Externality Exists, Then the Externality

Question 49

Multiple Choice

Exhibit 30-5 ​
Exhibit 30-5 ​ Refer to Exhibit 30-5.  If a positive externality exists, then the external benefits associated with the positive externality equal A) P<sub>4</sub> - P<sub>2</sub>. B) P<sub>4</sub> - P<sub>1</sub>. C) P<sub>2</sub> - P<sub>1</sub>. D) P<sub>3</sub> - P<sub>2</sub>.
Refer to Exhibit 30-5.  If a positive externality exists, then the external benefits associated with the positive externality equal


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

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