Figure: Marginal Private Benefits and Marginal Social Benefits
(Figure: Marginal Private Benefits and Marginal Social Benefits) Look at the figure Marginal Private Benefits and Marginal Social Benefits.Without government intervention, this market will produce ________ units at a price of _.
A) Q0; P0
B) Q₁; P0
C) Q₁; P₂
D) Q₂; P₁
Correct Answer:
Verified
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