Consider an industry that produces an output Q with marginal private cost (MC) and marginal social cost (MSC) as given in the table: The marginal external cost associated with the production of unit 3 is
A) 10.
B) 4.
C) 6.
D) 16.

Question

Consider an industry that produces an output Q with marginal private cost (MC) and marginal social cost (MSC) as given in the table:  The marginal external cost associated with the production of unit 3 is
A) 10. 
B) 4. 
C) 6. 
D) 16.

Quizplus · Accepted Answer

The Answer of Consider an industry that produces an output Q with marginal private cost (MC) and marginal social cost (MSC) as given in the table:  The marginal external cost associated with the production of unit 3 is
A) 10. 
B) 4. 
C) 6. 
D) 16.

Consider an Industry That Produces an Output Q with Marginal