Multiple Choice
Firm XYZ produces paper products, which sells for $100,000. However, the production of the paper results in air pollution. The cost of this negative externality is $6,000. What is the marginal private benefit (MPB) if this externality is ignored?
A) $106,000
B) $6,000
C) $94,000
D) $100,000
Correct Answer:
Verified
Correct Answer:
Verified
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