The figure given below shows the demand and supply curves of steel. S p is the private supply curve, and S s is the social supply curve that includes both private costs and external costs.Figure 13.2

-In Figure 13.2, external costs are equal to _____.

Question

The figure given below shows the demand and supply curves of steel. S p is the private supply curve, and S s is the social supply curve that includes both private costs and external costs.Figure 13.2
 
-In Figure 13.2, external costs are equal to _____.

Quizplus · Accepted Answer

The Answer of The figure given below shows the demand and supply curves of steel. S p is the private supply curve, and S s is the social supply curve that includes both private costs and external costs.Figure 13.2
 
-In Figure 13.2, external costs are equal to _____.

The Figure Given Below Shows the Demand and Supply Curves