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Use the Following Figure to Answer the Question : Figure

Question 47

Multiple Choice

Use the following figure to answer the question : Figure 20-1 : D1 and S1 are the private demand and supply curves,of a commodity produced by a competitive firm.S2 reflects the social marginal cost of production,while S0 represents the external marginal cost. Use the following figure to answer the question : Figure 20-1 : D<sub>1</sub> and S<sub>1</sub> are the private demand and supply curves,of a commodity produced by a competitive firm.S<sub>2</sub> reflects the social marginal cost of production,while S<sub>0</sub> represents the external marginal cost.   -In Figure 20-1,the marginal external cost at the equilibrium output level is: A) $0. B) $40. C) $10. D) $28.
-In Figure 20-1,the marginal external cost at the equilibrium output level is:


A) $0.
B) $40.
C) $10.
D) $28.

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