Table 10-3
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​ -Refer to Table 10-3

question 108

Multiple Choice

Table 10-3
​
​
$$\begin{array} { | c | c | c | c | } \hline \begin{array} { c } \text { Quantity } \\\text { (Units) }\end{array} & \begin{array} { c } \text { Private Value } \\\text { (Dollars) }\end{array} & \begin{array} { c } \text { Private Cost } \\\text { (Dollars) }\end{array} & \begin{array} { c } \text { External Benefit } \\\text { (Dollars) }\end{array} \\\hline 1 & 22 & 12 & 10 \\\hline 2 & 20 & 15 & 10 \\\hline 3 & 18 & 18 & 10 \\\hline 4 & 16 & 21 & 10 \\\hline 5 & 14 & 24 & 10 \\\hline 6 & 12 & 27 & 10 \\\hline\end{array}$$
-Refer to Table 10-3. The social value of the 4^th unit of output that is produced is

• A)$10.
• B)$16.
• C)$26.
• D)$30.

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Definitions:

Organic Product

A compound primarily made of carbon atoms obtained as a result of an organic reaction.

Reaction Structure

The arrangement and connectivity of atoms within the products and reactants of a chemical reaction.

Reaction Structure

A diagram or representation that shows how the atoms or molecules in a chemical reaction are rearranged to form products.

Organic Product

A compound containing carbon that is produced as a result of an organic chemical reaction.