The Table Below Shows the Payoff (Profit) Matrix of Firm

The table below shows the payoff (profit) matrix of Firm A and Firm B indicating the profit outcome that corresponds to each firm's pricing strategy (where $500 and $200 are the pricing strategies of two firms) .Table 12.2

-When a negative externality exists in the case of a particular good, and if that is not reflected in the price, _____.

A) too little of that good is produced and consumed
B) too much of that good is produced and consumed
C) all resources are taken away from the production of that good
D) the government completely prohibits the consumption of that good
E) all resources are allocated to the production of that good