Author Question: The amount of the external marginal cost per ton illustrated in the above figure is A) 8.00 per ... (Read 38 times)

tichca · **on:** Jun 29, 2018

The amount of the external marginal cost per ton illustrated in the above figure is

A) 8.00 per ton.
B) 12.00 per ton.
C) 16.00 per ton.
D) zero because no external cost is illustrated.

Question 2

Producer surplus is the price of a good minus the opportunity cost of producing it, summed over the quantity produced.

Indicate whether the statement is true or false