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The Following Questions Refer to the Graph Below

Question 3

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The Following Questions Refer to the graph below. The Following Questions Refer to the graph below. -Assuming no external benefits or costs,the efficient price and quantity would be A) P<sub>2</sub>,Q<sub>2</sub> B) P<sub>2</sub>,Q<sub>1</sub> C) P<sub>1</sub>,Q<sub>1</sub> D) P<sub>0</sub>,Q<sub>0</sub> E) P<sub>0</sub>,Q<sub>2</sub>
-Assuming no external benefits or costs,the efficient price and quantity would be


A) P2,Q2
B) P2,Q1
C) P1,Q1
D) P0,Q0
E) P0,Q2

Correct Answer:

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