Figure 18.2.4
-Refer to Figure 18.2.4 above. The amount of recycling of scrap that arises in a private market is:

Question

Figure 18.2.4 -Refer to Figure 18.2.4 above. The amount of recycling of scrap that arises in a private market is: A) m*. B) m₁ C) 8 units. D) 12 units.

Quizplus · Accepted Answer

The amount of recycling of scrap that arises in a private market is the horizontal distance between supply curve S1 and demand curve D1, which is equal to m₁. Therefore, the correct answer is choice B. Choices A, C, and D are not correct as they do not reflect the actual amount of recycling that arises in a private market.

Figure 18.2.4 -Refer to Figure 18.2.4 Above. the Amount of Recycling of Recycling