Figure 5-3
-Refer to Figure 5-3.At the competitive market equilibrium,for the last unit produced
A)the size of the external cost is Pm - Po.
B)the size of the external benefit is Pm - Po.
C)the size of the external cost is Pn - Po.
D)the size of the external benefit is Pn - Po.

Question

Figure 5-3 
-Refer to Figure 5-3.At the competitive market equilibrium,for the last unit produced
A)the size of the external cost is Pm - Po. 
B)the size of the external benefit is Pm - Po. 
C)the size of the external cost is Pn - Po. 
D)the size of the external benefit is Pn - Po.

Quizplus · Accepted Answer

The Answer of Figure 5-3 
-Refer to Figure 5-3.At the competitive market equilibrium,for the last unit produced
A)the size of the external cost is Pm - Po. 
B)the size of the external benefit is Pm - Po. 
C)the size of the external cost is Pn - Po. 
D)the size of the external benefit is Pn - Po.

Figure 5-3 -Refer to Figure 5-3.At the Competitive Market Equilibrium,for the Last