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The Figure Below Shows the Demand, Supply, and Marginal Social

Question 116

Multiple Choice

The figure below shows the demand, supply, and marginal social benefit curves for Good Y.
The figure below shows the demand, supply, and marginal social benefit curves for Good Y. -Refer to the figure above.The triangular region ABC represents the ________. A) deadweight loss due to the presence of a pecuniary externality B) deadweight loss due to the presence of a negative externality C) economic loss of not recognizing a positive externality D) inefficiency created by not recognizing a negative externality
-Refer to the figure above.The triangular region ABC represents the ________.


A) deadweight loss due to the presence of a pecuniary externality
B) deadweight loss due to the presence of a negative externality
C) economic loss of not recognizing a positive externality
D) inefficiency created by not recognizing a negative externality

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