-The figure above illustrates the marginal private cost and the marginal social cost to the city of Seattle for each rock concert that is offered.At 10 concerts,the
A) marginal private cost equals the marginal external cost.
B) marginal social cost equals $60,000.
C) marginal private cost is more than $40,000.
D) marginal external cost equals $60,000.
E) marginal external cost equals $80,000.

Question

-The figure above illustrates the marginal private cost and the marginal social cost to the city of Seattle for each rock concert that is offered.At 10 concerts,the
A) marginal private cost equals the marginal external cost. 
B) marginal social cost equals $60,000. 
C) marginal private cost is more than $40,000. 
D) marginal external cost equals $60,000. 
E) marginal external cost equals $80,000.

Quizplus · Accepted Answer

The Answer of 
-The figure above illustrates the marginal private cost and the marginal social cost to the city of Seattle for each rock concert that is offered.At 10 concerts,the
A) marginal private cost equals the marginal external cost. 
B) marginal social cost equals $60,000. 
C) marginal private cost is more than $40,000. 
D) marginal external cost equals $60,000. 
E) marginal external cost equals $80,000.

-The Figure Above Illustrates the Marginal Private Cost and the Marginal