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    Principles of Microeconomics Study Set 1
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    Exam 10: Externalities
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    Table 10-4 -Refer to Table 10-4. the Last Unit of Output for Unit
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Table 10-4 -Refer to Table 10-4. the Last Unit of Output for Unit

Question 364

Question 364

Multiple Choice

Table 10-4
Table 10-4    -Refer to Table 10-4. The last unit of output for which private value exceeds social cost is the A)  2nd unit. B)  3rd unit. C)  4th unit. D)  5th unit.
-Refer to Table 10-4. The last unit of output for which private value exceeds social cost is the


A) 2nd unit.
B) 3rd unit.
C) 4th unit.
D) 5th unit.

Correct Answer:

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