-In the above figure, CBL is the cost of breaking the law. If it is illegal to buy and sell, then the price per unit will be
A) $500.
B) $400.
C) $300.
D) $200.

Name: -In the above figure, CBL is the cost of breaking the law. If it is illegal to buy and sell, then the price per unit will be A) $500. B) $400. C) $300. D) $200.
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Question

-In the above figure, CBL is the cost of breaking the law. If it is illegal to buy and sell, then the price per unit will be
A) $500. 
B) $400. 
C) $300. 
D) $200.

Quizplus · Accepted Answer

If it is illegal to buy and sell, the price per unit will be $300, as this is the price where the cost of breaking the law (CBL) is factored into the market equilibrium.

-In the Above Figure, CBL Is the Cost of Breaking