If the Marginal Private Cost of Producing One Kilowatt of Power

question 90

Multiple Choice

If the marginal private cost of producing one kilowatt of power in Sydney equals five cents and the marginal social cost of each kilowatt equals nine cents, then the marginal external cost equals _______ Per kilowatt.

• A) fourteen cents
• B) four cents
• C) nine cents
• D) five cents

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