Multiple Choice
Figure 10-10
-Refer to Figure 10-10. Which of the following statements is correct?
A) The private cost of producing the 160th unit of output is $16.
B) The social cost of producing the 160th unit of output is $22.
C) The external cost of producing the 160th unit of output is $6.
D) All of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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