Figure 10-10 -Refer to Figure 10-10. Which of the following statements is correct? A)The private cost of producing the 120^th unit of output is $12. B)The social cost of producing the 120^th unit of output is $22. C)The external cost of producing the 120^th unit of output is $2. D)All of the above are correct.

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The Answer of Figure 10-10 -Refer to Figure 10-10. Which of the following statements is correct? A)The private cost of producing the 120^th unit of output is $12. B)The social cost of producing the 120^th unit of output is $22. C)The external cost of producing the 120^th unit of output is $2. D)All of the above are correct.

Figure 10-10 -Refer to Figure 10-10. Which of the Following Statements Is