Graph 10-3 This graph reflects the market for kiwifruit, where pesticide used by kiwifruit orchardists also unintentionally kills honey bees.
-Refer to Graph 10-3.For each tray of kiwifruit produced, the social cost would include which of the following?
(i) the private costs of the kiwifruit farmers
(ii) the enjoyment that buyers get from eating kiwifruit
(iii) the cost beekeepers incur to replace hives that die because of pesticide use
A)(i) only
B)(i) and (ii) only
C)(i) and (iii) only
D)(i), (ii) and (iii)

Question

Graph 10-3  This graph reflects the market for kiwifruit, where pesticide used by kiwifruit orchardists also unintentionally kills honey bees.
-Refer to Graph 10-3.For each tray of kiwifruit produced, the social cost would include which of the following?
(i) the private costs of the kiwifruit farmers
(ii) the enjoyment that buyers get from eating kiwifruit
(iii) the cost beekeepers incur to replace hives that die because of pesticide use
A)(i) only 
B)(i) and (ii) only 
C)(i) and (iii) only 
D)(i), (ii) and (iii)

Quizplus · Accepted Answer

The social cost includes the private costs of the kiwifruit farmers, as well as the cost beekeepers incur to replace hives that die because of pesticide use. The enjoyment that buyers get from eating kiwifruit is not directly related to the social cost of producing kiwifruit.

Graph 10-3 This Graph Reflects the Market for Kiwifruit