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The Following Graph Shows Market Equilibrium in the Presence of an Externality

Question 116

Multiple Choice

The following graph shows market equilibrium in the presence of an externality in an economy. The equilibrium level of output for the firm is _____.​ ​
Figure 17.1
The following graph shows market equilibrium in the presence of an externality in an economy. The equilibrium level of output for the firm is _____.​ ​ Figure 17.1 A) 0 units B) 100 units​ C) between 0 and 100 units​ D) 160 units​ E) between 100 and 160 units​


A) 0 units
B) 100 units​
C) between 0 and 100 units​
D) 160 units​
E) between 100 and 160 units​

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