-In the Second Diagram,if the Distance Between D₀ and D₁

question 57

Multiple Choice

-In the second diagram,if the distance between D₀ and D₁ represents all spillover effects in this market,excess benefit when output is at Q₀ equals the area:

• A)under the entire demand curve D₀
• B)under the entire demand curve D₁
• C)above S and below D₀ between the vertical axis and Q₀
• D)above S and below D₁ between the vertical axis and Q₀
• E)above S and below D₀ between the vertical axis and Q₁

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