The External Marginal Cost of Producing Coal Is MC_external =

question 79

Multiple Choice

The external marginal cost of producing coal is MC_external = 8Q while the internal marginal cost is MC _internal = 6Q.The inverse demand for coal is given by P = 180 − 4Q.How much output would a competitive industry produce?

• A) 10
• B) 20
• C) 15
• D) 18

---

Definitions:

Violent Acts

Behaviors that involve the use of physical force with the intent to harm or damage someone or something.

Delusions

Fixed false beliefs that are resistant to reason or confrontation with actual fact, often occurring in psychiatric disorders.

Hallucinated Voices

Perceived sounds, often in the form of speech, that have no external source.

World Health Organization

A specialized agency of the United Nations responsible for international public health.