Exhibit 30-4

Refer to Exhibit 30-4. If a negative externality exists, then curve __________ represents the marginal social cost curve and the area __________ represents the market failure.
A)1; ACB
B)3; BCD
C)2; BCD
D)3; ACB
E)2; ACB

Question

Exhibit 30-4 ​

Refer to Exhibit 30-4. If a negative externality exists, then curve __________ represents the marginal social cost curve and the area __________ represents the market failure.
A)1; ACB 
B)3; BCD 
C)2; BCD 
D)3; ACB 
E)2; ACB

Quizplus · Accepted Answer

The Answer of Exhibit 30-4 ​

Refer to Exhibit 30-4. If a negative externality exists, then curve __________ represents the marginal social cost curve and the area __________ represents the market failure.
A)1; ACB 
B)3; BCD 
C)2; BCD 
D)3; ACB 
E)2; ACB

Exhibit 30-4 ​ Refer to Exhibit 30-4. If a Negative Externality Exists, Then

Exhibit 30-4 Refer to Exhibit 30-4. If a Negative Externality Exists, Then