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Refer to the Accompanying Table,where Q Represents the Quantity Produced,internal

Question 32

Multiple Choice

Refer to the accompanying table,where Q represents the quantity produced,internal cost and external cost are given for various quantities,and P represents the price consumers are willing to pay for various quantities to answer the following questions.
Refer to the accompanying table,where Q represents the quantity produced,internal cost and external cost are given for various quantities,and P represents the price consumers are willing to pay for various quantities to answer the following questions.    -The market equilibrium occurs where price is __________ and quantity is _________. A)  $4; 2 B)  $8; 4 C)  $10; 3 D)  $10; 5 E)  $12; 6
-The market equilibrium occurs where price is __________ and quantity is _________.


A) $4; 2
B) $8; 4
C) $10; 3
D) $10; 5
E) $12; 6

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