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-The Figure Above Represents the Relationship Between Output and Cost

Question 14

Multiple Choice

-The figure above represents the relationship between output and cost in an industry with an external cost.Which line represents the marginal private cost (MC) curve? A) Curve 1 B) Curve 2 C) the dotted line BC D) the y-axis E) the dotted line AB
-The figure above represents the relationship between output and cost in an industry with an external cost.Which line represents the marginal private cost (MC) curve?


A) Curve 1
B) Curve 2
C) the dotted line BC
D) the y-axis
E) the dotted line AB

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