The Marginal Private Cost Curve (MC)is a Positively-Sloped Straight Line

question 55

Multiple Choice

The marginal private cost curve (MC) is a positively-sloped straight line starting at the origin.If marginal external cost increases as output increases,then the marginal social cost curve is a positively-sloped straight line

• A)parallel to and above the MC curve.
• B)parallel to and below the MC curve.
• C)above the MC curve,and with a slope greater than the MC curve.
• D)below the MC curve,and with a slope less than the MC curve.
• E)above the MC curve,with a slope less than the MC curve.

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