Multiple Choice
Figure 10-11
-Refer to Figure 10-11. Which of the following statements is correct?
A) The private value of the 240th unit of output is $24.
B) The social value of the 240th unit of output is $42.
C) The external benefit of the 240th unit of output is $18.
D) All of the above are correct.
Correct Answer:
Verified
Related Questions