Figure 11-1 shows the marginal internal cost [C1], the marginal total cost [C2], and the demand curve [D], associated with a particular good.
![Figure 11-1 shows the marginal internal cost [C<sub>1</sub>], the marginal total cost [C<sub>2</sub>], and the demand curve [D], associated with a particular good. -Refer to Figure 11-1. The external cost associated with producing the good is: A) $5. B) $7. C) $8. D) $12. E) $2.](https://d2lvgg3v3hfg70.cloudfront.net/TB3176/11eab53d_96a7_726b_a318_05eeb67aa78a_TB3176_00_TB3176_00_TB3176_00_TB3176_00.jpg)
-Refer to Figure 11-1. The external cost associated with producing the good is:
A) $5.
B) $7.
C) $8.
D) $12.
E) $2.
Correct Answer:
Verified
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Q19: Figure 11-1 shows the marginal internal cost
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