Table 10-1
The following table shows the private value, private cost, and external cost for various quantities of output in a market.
-Refer to Table 10-1. How large would a corrective tax need to be to move this market from the equilibrium outcome to the socially-optimal outcome?
A)$2
B)$3
C)$9
D)$10

Question

Table 10-1
The following table shows the private value, private cost, and external cost for various quantities of output in a market. 
-Refer to Table 10-1. How large would a corrective tax need to be to move this market from the equilibrium outcome to the socially-optimal outcome?
A)$2 
B)$3 
C)$9 
D)$10

Quizplus · Accepted Answer

The Answer of Table 10-1
The following table shows the private value, private cost, and external cost for various quantities of output in a market. 
-Refer to Table 10-1. How large would a corrective tax need to be to move this market from the equilibrium outcome to the socially-optimal outcome?
A)$2 
B)$3 
C)$9 
D)$10

Table 10-1 the Following Table Shows the Private Value, Private Cost, and Cost