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Use the Figure Below to Answer the Following Questions

Question 50

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 16.2.2 -Refer to Figure 16.2.2. This figure shows the demand curve, the marginal private cost curve and the marginal social cost curve of good A. Production of the 6th unit of output generates a marginal external A) cost of $1.50. B) cost of $3. C) cost of $6. D) benefit of $3. E) benefit of $6.
Figure 16.2.2
-Refer to Figure 16.2.2. This figure shows the demand curve, the marginal private cost curve and the marginal social cost curve of good A. Production of the 6th unit of output generates a marginal external


A) cost of $1.50.
B) cost of $3.
C) cost of $6.
D) benefit of $3.
E) benefit of $6.

Correct Answer:

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