Exhibit 17.1 -Refer to Exhibit 17.1,which Shows a Market for Electricity.The Marginal

Multiple Choice

Exhibit 17.1

-Refer to Exhibit 17.1,which shows a market for electricity.The marginal social cost curve includes _____

A) the marginal private cost.
B) the marginal external cost.
C) both the marginal private cost and the marginal external cost.
D) the marginal private cost minus the marginal external cost.
E) the marginal external cost minus the marginal private cost.