Costs/Benefits MSC=MPC P1 -Welfare loss Psop... MSB MPB Quantity Qsop Q1

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter17: Income, Poverty, And Health Care
Section: Chapter Questions
Problem 11P
Question

Can I have help please. I think it is positive externality. 

negative externality

 

positive externality

 

A shift left in supply

 

A shift right in demand

Costs/Benefits
MSC=MPC
P1
-Welfare loss
Psop...
MSB
MPB
Quantity
Qsop
Q1
Transcribed Image Text:Costs/Benefits MSC=MPC P1 -Welfare loss Psop... MSB MPB Quantity Qsop Q1
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