Table 10-1
​ -Refer to Table 10-1

question 184

Multiple Choice

Table 10-1
​
$$\begin{array} { | c | c | c | c | } \hline \begin{array} { c } \text { Quantity } \\\text { (Units) }\end{array} & \begin{array} { c } \text { Private Value } \\\text { (Dollars) }\end{array} & \begin{array} { c } \text { Private Cost } \\\text { (Dollars) }\end{array} & \begin{array} { c } \text { External Cost } \\\text { (Dollars) }\end{array} \\\hline 1 & 28 & 12 & 4 \\\hline 2 & 26 & 14 & 4 \\\hline 3 & 24 & 16 & 4 \\\hline 4 & 22 & 18 & 4 \\\hline 5 & 20 & 20 & 4 \\\hline 6 & 18 & 22 & 4 \\\hline 7 & 16 & 24 & 4 \\\hline\end{array}$$
-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)$4
• B)$5
• C)$24
• D)$20

---

Definitions:

Shunt Field

A magnetic field created by a shunt winding in electrical machinery, used for regulation of the machinery's operation.

Series Field

A set of windings in a DC machine or certain types of AC machines connected in series with the armature circuit to create magnetic fields for electromechanical energy conversion.

Rotating Part

A component that moves around a central axis within a machine, contributing to its mechanical function.

Generator

A device used to convert mechanical energy into electric energy.