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Figure 10-11 -Refer to Figure 10-11.Which of the Following Statements Is Correct

question 418

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Figure 10-11 Figure 10-11   -Refer to Figure 10-11.Which of the following statements is correct? A)  The private value of the 280<sup>th</sup> unit of output is $10. B)  The social value of the 280<sup>th</sup> unit of output is $28. C)  The external benefit of the 280<sup>th</sup> unit of output is $18. D)  All of the above are correct.
-Refer to Figure 10-11.Which of the following statements is correct?

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