Multiple Choice
Figure 5-3
-Refer to Figure 5-3.At the competitive market equilibrium,for the last unit produced
A) the size of the external cost is Pm - Po.
B) the size of the external benefit is Pm - Po.
C) the size of the external cost is Pn - Po.
D) the size of the external benefit is Pn - Po.
Correct Answer:

Verified
Correct Answer:
Verified
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