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Use the Figure Below to Answer the Following Questions

Question 1

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions.   Figure 15.2.1 -Refer to Figure 15.2.1.The figure shows the marginal private cost curve,the marginal social cost curve and the market demand curve of a mining firm.If a constant per unit tax is imposed that generates an efficient allocation of resources,then producers receive a per unit price of A) P<sub>3 </sub>-<sub> </sub>P<sub>1</sub>. B) P<sub>4</sub>. C) P<sub>3</sub>. D) P<sub>2</sub>. E) P<sub>1</sub>. Figure 15.2.1
-Refer to Figure 15.2.1.The figure shows the marginal private cost curve,the marginal social cost curve and the market demand curve of a mining firm.If a constant per unit tax is imposed that generates an efficient allocation of resources,then producers receive a per unit price of


A) P3 - P1.
B) P4.
C) P3.
D) P2.
E) P1.

Correct Answer:

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