The Desirable Level of Output in a Perfectly Competitive Market

question 159

Multiple Choice

The desirable level of output in a perfectly competitive market if there exists a detrimental externality is

• A)the point at which MSC curve intersects the marginal revenue curve.
• B)the point at which MSC intersects the MPC.
• C)the point at which MSC intersects the marginal private benefit curve.
• D)the point at which marginal revenue curve intersects the MPC.

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