The Marginal External Cost of a Good or Activity Equals

question 82

Multiple Choice

The marginal external cost of a good or activity equals the amount:

• A)by which the marginal social benefit curve is higher than the demand curve.
• B)by which the marginal social cost curve is lower than the supply curve.
• C)by which the marginal social cost curve is higher than the supply curve.
• D)at which the marginal social benefit curve intersects the demand curve.

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