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Figure 11-1 Shows the Marginal Internal Cost [C1], the Marginal

Question 19

Multiple Choice

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. In the absence of externalities, the quantity produced of the good is: A)  17 units. B)  15 units. C)  8 units. D)  0 units. E)  10 units.
-Refer to Figure 11-1. In the absence of externalities, the quantity produced of the good is:


A) 17 units.
B) 15 units.
C) 8 units.
D) 0 units.
E) 10 units.

Correct Answer:

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