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Figure 10-11 -Refer to Figure 10-11.Which of the Following Statements Is Correct

Question 418

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Figure 10-11 Figure 10-11 -Refer to Figure 10-11.Which of the following statements is correct? A) The private value of the 280<sup>th</sup> unit of output is $10. B) The social value of the 280<sup>th</sup> unit of output is $28. C) The external benefit of the 280<sup>th</sup> unit of output is $18. D) All of the above are correct.
-Refer to Figure 10-11.Which of the following statements is correct?


A) The private value of the 280th unit of output is $10.
B) The social value of the 280th unit of output is $28.
C) The external benefit of the 280th unit of output is $18.
D) All of the above are correct.

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