Economics 9708 · AS & A Level · 7.4

7.4 — practice question

The table gives the total amount that consumers are prepared to pay for different quantities of good X, together with the total external benefits created by the consumption of X. What is the value of the marginal social benefit when 5000 units are consumed?

  • A$12 000
  • B$32 000
  • C$80 000
  • D$380 000

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