The figure below shows the demand, supply, and marginal social benefit curves for Good Y.
-Refer to the figure above.The triangular region ABC represents the ________.
A) deadweight loss due to the presence of a pecuniary externality
B) deadweight loss due to the presence of a negative externality
C) economic loss of not recognizing a positive externality
D) inefficiency created by not recognizing a negative externality
Correct Answer:
Verified
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