-±±~~~ w w w w 39 36 6307052963 33 30 27 24 21 18 15 12 12 4 CIB DIF S = Social Cost Social Benefit 6 7 8 9 10 Quantity Refer to the graph above: The graph above shows a market with an externality. Which of the following statements is correct? Deadweight loss is A+B. O It shows a positive consumption externality O Deadweight loss is D+F. O It shows a negative consumption externality.
-±±~~~ w w w w 39 36 6307052963 33 30 27 24 21 18 15 12 12 4 CIB DIF S = Social Cost Social Benefit 6 7 8 9 10 Quantity Refer to the graph above: The graph above shows a market with an externality. Which of the following statements is correct? Deadweight loss is A+B. O It shows a positive consumption externality O Deadweight loss is D+F. O It shows a negative consumption externality.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![22277 WWW a
39
36
63OTI52963
33
30
27
24
21
18
15
12
12
AIB
CIB
4 5 6
DIF
ΕΙ
O It shows a positive consumption externality.
O Deadweight loss is D+F.
OIt shows a negative consumption externality
7
S = Social
Cost
Social Benefit
89 10
Quantity
Refer to the graph above: The graph above shows a market with an externality. Which of the following statements is correct?
O Deadweight loss is A+B.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ce27c63-4c31-4146-ab54-cd0e2e0aec0b%2F22b0d784-645a-43da-ace8-c1dbd329e2fd%2Fyio8sdd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:22277 WWW a
39
36
63OTI52963
33
30
27
24
21
18
15
12
12
AIB
CIB
4 5 6
DIF
ΕΙ
O It shows a positive consumption externality.
O Deadweight loss is D+F.
OIt shows a negative consumption externality
7
S = Social
Cost
Social Benefit
89 10
Quantity
Refer to the graph above: The graph above shows a market with an externality. Which of the following statements is correct?
O Deadweight loss is A+B.
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