Figure 10-10 -Refer to Figure 10-10. the Graph Represents a Market in a Market

question 315

Multiple Choice

Figure 10-10
-Refer to Figure 10-10. The graph represents a market in which

• A)there is no externality.
• B)there is a positive externality.
• C)there is a negative externality.
• D)The answer cannot be determined from inspection of the graph.

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Abuse Of Discretion

An error in judgment by a court in making a decision that is clearly against logic or reasoning, often implying a lack of legal justification.

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