Exhibit 17.2

-Refer to Exhibit 17.2,which shows market equilibrium in the presence of an externality in an economy.The socially efficient level of output is _____
A)0 units.
B)100 units.
C)between 0 and 100 units.
D)160 units.
E)between 100 and 160 units.

Question

Exhibit 17.2
 
-Refer to Exhibit 17.2,which shows market equilibrium in the presence of an externality in an economy.The socially efficient level of output is _____
A)0 units. 
B)100 units. 
C)between 0 and 100 units. 
D)160 units. 
E)between 100 and 160 units.

Quizplus · Accepted Answer

The Answer of Exhibit 17.2
 
-Refer to Exhibit 17.2,which shows market equilibrium in the presence of an externality in an economy.The socially efficient level of output is _____
A)0 units. 
B)100 units. 
C)between 0 and 100 units. 
D)160 units. 
E)between 100 and 160 units.

Exhibit 17.2 -Refer to Exhibit 17.2,which Shows Market Equilibrium in the Presence