-Refer to the Diagram Above.Private MC Represents the

question 105

Multiple Choice

-Refer to the diagram above.Private MC represents the

• A) meaningful cost of private production.
• B) supply curve of a product without taking into consideration the external cost to society.
• C) marginal revenue of private production without taking external cost into consideration.
• D) marginal cost including the per-unit external cost to society.
• E) marginal equilibrium price of the product with external costs included.

---

Definitions:

Font

A specific design of a set of characters including letters, numbers, and symbols, that has a particular style and size.

Point Size

A measure of font size representing the height of characters, traditionally one point is 1/72 of an inch.

Mini Toolbar

A smaller, context-sensitive toolbar in some applications that appears near a selected object or text, providing quick access to relevant editing tools.

Italic Button

A graphical interface tool used to italicize selected text in word processors and other applications.