Refer to the graph shown. Say that there is a negative externality associated with the production of the good depicted. The marginal social cost from consuming this good at the competitive equilibrium output level is: A) either greater than or less than P₀, depending on the elasticities of supply and demand. B) greater than P₀. C) less than P₀. D) equal to P₀.

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The Answer of Refer to the graph shown. Say that there is a negative externality associated with the production of the good depicted. The marginal social cost from consuming this good at the competitive equilibrium output level is: A) either greater than or less than P₀, depending on the elasticities of supply and demand. B) greater than P₀. C) less than P₀. D) equal to P₀.

Refer to the Graph Shown