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-The Figure Above Represents the Relationship Between Output and Cost

question 201

Multiple Choice

  -The figure above represents the relationship between output and cost in an industry with an external cost.When output is at D,what distance represents the marginal external cost? A)  AB B)  BC C)  CD D)  BD E)  None of the above answers is correct.
-The figure above represents the relationship between output and cost in an industry with an external cost.When output is at D,what distance represents the marginal external cost?

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A psychological phenomenon by which people develop a preference for things merely because they are familiar with them.

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Bystander

An individual who is present at an event or incident but does not take part.

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