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    Exam 13: Externalities, Environmental Policy, and Public Goods
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    Figure 13-4 Shows a Market with a Positive Externality
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Figure 13-4 Shows a Market with a Positive Externality

Question 24

Question 24

Multiple Choice

  Figure 13-4 shows a market with a positive externality. -Refer to Figure 13 -4. The efficient output level is A)  Q<sub>n</sub>. B)  Q<sub>o </sub><sub> </sub>-Q<sub>m</sub>. C)  Q<sub>o</sub>. D)  Q<sub>m</sub>. Figure 13-4 shows a market with a positive externality.
-Refer to Figure 13 -4. The efficient output level is


A) Qn.
B) Qo -Qm.
C) Qo.
D) Qm.

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