Figure 10-10
-Refer to Figure 10-10. A decrease in output from 160 units to 120 units would
A)move the market from a socially efficient outcome to a socially inefficient outcome.
B)reduce the external cost per unit of output.
C)increase total economic well-being.
D)not be an action of which a benevolent social planner would approve.

Question

Figure 10-10 
-Refer to Figure 10-10. A decrease in output from 160 units to 120 units would
A)move the market from a socially efficient outcome to a socially inefficient outcome. 
B)reduce the external cost per unit of output. 
C)increase total economic well-being. 
D)not be an action of which a benevolent social planner would approve.

Quizplus · Accepted Answer

The Answer of Figure 10-10 
-Refer to Figure 10-10. A decrease in output from 160 units to 120 units would
A)move the market from a socially efficient outcome to a socially inefficient outcome. 
B)reduce the external cost per unit of output. 
C)increase total economic well-being. 
D)not be an action of which a benevolent social planner would approve.

Figure 10-10 -Refer to Figure 10-10. a Decrease in Output from 160