The following graph shows market equilibrium in the presence of an externality. The total social gain from producing the socially efficient output is:
Figure 17.2

A)$60.
B)$30.
C)$6.
D)$480.
E)$300.

Question

The following graph shows market equilibrium in the presence of an externality. The total social gain from producing the socially efficient output is:​ ​
Figure 17.2
​

A)$60. 
B)$30. 
C)$6. 
D)$480. 
E)$300.

Quizplus · Accepted Answer

The Answer of The following graph shows market equilibrium in the presence of an externality. The total social gain from producing the socially efficient output is:​ ​
Figure 17.2
​

A)$60. 
B)$30. 
C)$6. 
D)$480. 
E)$300.

The Following Graph Shows Market Equilibrium in the Presence of an Externality