The table sets out, for two different quantities of good X, the total price consumers are prepared to pay and the total external benefits created. What extra social benefit arises if 4 units, rather than 3 units, are produced?
- A$14
- B$40
- C$54
- D$348
Economics 9708 · AS & A Level · 7.4
The table sets out, for two different quantities of good X, the total price consumers are prepared to pay and the total external benefits created. What extra social benefit arises if 4 units, rather than 3 units, are produced?