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    ECON MICRO
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    Exam 17: Externalities and the Environment
  5. Question
    Exhibit 17.3 -Refer to Exhibit 17.3,which Shows Equilibrium in a Market in in a Market
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Exhibit 17.3 -Refer to Exhibit 17.3,which Shows Equilibrium in a Market in in a Market

Question 60

Question 60

Multiple Choice

Exhibit 17.3
Exhibit 17.3    -Refer to Exhibit 17.3,which shows equilibrium in a market in the presence of externality in an economy.The total social gain from producing the socially efficient output rather than the private equilibrium output is shown by the area ______ A) abdf. B) bed. C) bcd. D) acdf. E) bcde.
-Refer to Exhibit 17.3,which shows equilibrium in a market in the presence of externality in an economy.The total social gain from producing the socially efficient output rather than the private equilibrium output is shown by the area ______


A) abdf.
B) bed.
C) bcd.
D) acdf.
E) bcde.

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