Economics 9708 · AS & A Level · 7.4

7.4 — practice question

The table lists some of the costs involved when a firm makes a good. output 23: total cost to society $316, external cost $16. output 24: total cost to society $322, external cost $18. What is the extra cost to the firm of producing the 24th unit?

  • A$2
  • B$4
  • C$6
  • D$8

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