Use the following to answer questions:
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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Figure: Marginal
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