Figure 10-4

-Refer to Figure 10-4, Graph (b) and Graph (c) . The overuse of antibiotics leads to the development of antibiotic-resistant diseases. Therefore, the external cost of antibiotic overuse is represented by

Question

Figure 10-4
Figure 10-4 -Refer to Figure 10-4, Graph (b) and Graph (c) . The overuse of antibiotics leads to the development of antibiotic-resistant diseases. Therefore, the external cost of antibiotic overuse is represented by A) Q3 − Q2. B) Q5 − Q4. C) P3a − P3b. D) P4a − P4b.

Figure 10-4 -Refer to Figure 10-4, Graph (b) and Graph (c) . The overuse of antibiotics leads to the development of antibiotic-resistant diseases. Therefore, the external cost of antibiotic overuse is represented by A) Q<sub>3</sub> − Q<sub>2</sub>. B) Q<sub>5</sub> − Q<sub>4</sub>. C) P<sub>3a</sub> − P<sub>3b</sub>. D) P<sub>4a</sub> − P<sub>4b</sub>.

-Refer to Figure 10-4, Graph (b) and Graph (c) . The overuse of antibiotics leads to the development of antibiotic-resistant diseases. Therefore, the external cost of antibiotic overuse is represented by

Quizplus · Accepted Answer

The external cost of antibiotic overuse is represented by the difference between the social cost and the private cost. In this context, "P_3a − P_3b" likely refers to the difference between the social cost (including the external cost of antibiotic resistance) and the private cost (not including that external cost), which accurately represents the external cost of antibiotic overuse.

Figure 10-4 -Refer to Figure 10-4, Graph (B) and Graph (C). the and Graph