Figure 11-1 shows the marginal internal cost [C1],the marginal total cost [C2] of producing a good,and the demand curve for the good [D].
![Figure 11-1 shows the marginal internal cost [C<sub>1</sub>],the marginal total cost [C<sub>2</sub>] of producing a good,and the demand curve for the good [D]. -Refer to Figure 11-1.What is the external cost of producing the good? A) $5 B) $7 C) $8 D) $12 E) $2](https://d2lvgg3v3hfg70.cloudfront.net/TB3175/11eab6b9_3dd0_7d75_a5f2_c3cb40674a5f_TB3175_00_TB3175_00_TB3175_00_TB3175_00_TB3175_00.jpg)
-Refer to Figure 11-1.What is the external cost of producing the good?
A) $5
B) $7
C) $8
D) $12
E) $2
Correct Answer:
Verified
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Q7: Figure 11-1 shows the marginal internal cost
Q9: Figure 11-1 shows the marginal internal cost
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