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Use Figure: Positive Externalities and Deadweight Loss

Question 57

Multiple Choice

Use Figure: Positive Externalities and Deadweight Loss. The figure shows the marginal private benefit, marginal social benefit, and marginal private cost for a good. The free-market equilibrium price of the good is _____, and the equilibrium quantity is _____ units.
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Figure: Positive Externalities and Deadweight Loss
Use Figure: Positive Externalities and Deadweight Loss. The figure shows the marginal private benefit, marginal social benefit, and marginal private cost for a good. The free-market equilibrium price of the good is _____, and the equilibrium quantity is _____ units. ​ Figure: Positive Externalities and Deadweight Loss A) $10; 70 B) $15; 50 C) $10; 50 D) $15; 70


A) $10; 70
B) $15; 50
C) $10; 50
D) $15; 70

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