-The Table Above Shows Information About the Costs and Benefits

question 297

Multiple Choice

-The table above shows information about the costs and benefits of a steel smelter that pollutes the air of a city.If the marginal external cost is $10 per ton at every quantity of steel produced,the equilibrium quantity when the steel industry is unregulated is ________ tons per week.

• A) 5
• B) 15
• C) 20
• D) 25
• E) 10

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