Economics 9708 · AS & A Level · 7.4

7.4 — practice question

When a good is consumed, external benefits arise. Its market equilibrium is E. Which diagram shows the shift in equilibrium (E to E1) needed to show the good’s correct value to society?

  • A[IMAGE:9708_s11_qp_11_p7_diagram_4]
  • B[IMAGE:9708_s11_qp_11_p7_diagram_6]
  • C[IMAGE:9708_s11_qp_11_p7_diagram_3]
  • D[IMAGE:9708_s11_qp_11_p7_diagram_5]

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