Figure 10-2. The graph depicts the market for plastic.

-Refer to Figure 10-2.Suppose that the production of plastic creates a social cost which is depicted in the graph above.Without any government regulation,what price will the firm charge per unit of plastic?
A) $3
B) $3.50
C) $5
D) $8

Question

Figure 10-2. The graph depicts the market for plastic.
 
-Refer to Figure 10-2.Suppose that the production of plastic creates a social cost which is depicted in the graph above.Without any government regulation,what price will the firm charge per unit of plastic?
A) $3 
B) $3.50 
C) $5 
D) $8

Quizplus · Accepted Answer

The Answer of Figure 10-2. The graph depicts the market for plastic.
 
-Refer to Figure 10-2.Suppose that the production of plastic creates a social cost which is depicted in the graph above.Without any government regulation,what price will the firm charge per unit of plastic?
A) $3 
B) $3.50 
C) $5 
D) $8