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  3. Study Set
    Microeconomics Study Set 15
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    Exam 15: Externalities , Environmental Policy and Public Goods
  5. Question
    -Refer to Figure 15-2
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-Refer to Figure 15-2

Question 212

Question 212

Multiple Choice

  -Refer to Figure 15-2. The efficient output level is A)  Q<sub>d</sub>. B)  Q<sub>b</sub>. C)  Q<sub>a</sub>. D)  Q<sub>b</sub> - Q<sub>d</sub>.
-Refer to Figure 15-2. The efficient output level is


A) Qd.
B) Qb.
C) Qa.
D) Qb - Qd.

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