If the marginal private cost of producing one kilowatt of power in Sydney equals five cents and the marginal social cost of each kilowatt equals nine cents, then the marginal external cost equals _______ Per kilowatt.

Name: If the marginal private cost of producing one kilowatt of power in Sydney equals five cents and the marginal social cost of each kilowatt equals nine cents, then the marginal external cost equals _______ Per kilowatt.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

If the marginal private cost of producing one kilowatt of power in Sydney equals five cents and the marginal social cost of each kilowatt equals nine cents, then the marginal external cost equals _______  Per kilowatt.

Quizplus · Accepted Answer

The Answer is B

If the Marginal Private Cost of Producing One Kilowatt of Power