-The Figure Above Shows the Market for a Good with an External

question 77

Multiple Choice

-The figure above shows the market for a good with an external benefit.The efficient level of production is ________ units because ________.

• A) 8; marginal benefit equals marginal cost
• B) 8; marginal cost is less than marginal social benefit
• C) 10; marginal cost equals marginal social benefit
• D) 10; marginal social benefit exceeds marginal benefit
• E) 8; marginal benefit equals the marginal external benefit

---

Definitions:

Interaction Session

A period of engagement or communication between two or more individuals or parties, typically involving an exchange of information or ideas.

Communication Channel

The medium through which information is transmitted from a sender to a receiver, such as spoken words, written text, or digital media.

Formal Presentation

A structured delivery of content to an audience, often using tools like slides or a script, in a professional setting.

Presentation Method

A technique or approach used to convey information to an audience, often involving visuals, speech, and other multimedia elements.