Table 10-1 the Following Table Shows the Private Value, Private Cost, and Cost

question 276

Multiple Choice

Table 10-1
The following table shows the private value, private cost, and external cost for various quantities of output in a market.
-Refer to Table 10-1. How large would a corrective tax need to be to move this market from the equilibrium outcome to the socially-optimal outcome?

• A)$2
• B)$3
• C)$9
• D)$10

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