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Work the external cost

Exercise and reference answers

Questions
  1. Answer
    100
    Question
    External cost per fridge is $100. Supply shifts up by?
  2. Answer
    500
    Question
    Private cost $400 plus external $100. Social cost?
  3. Answer
    1000
    Question
    Ten fridges at $100 external cost each. Total?
Instructions
Type the value for each question, in dollars.

Explanation

_Source: OpenStax Principles of Microeconomics for AP Courses 2e (CC BY 4.0), Ch 12 'Environmental Protection and Negative Externalities'_
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