-Refer to the above figure.The market equilibrium quantity is .Point represents the optimal amount of production.This indicates that there is
A)a public good which should be produced.
B)regressive taxation of the product.
C)a positive externality.
D)a negative externality.

Question

-Refer to the above figure.The market equilibrium quantity is  .Point  represents the optimal amount of production.This indicates that there is
A)a public good which should be produced. 
B)regressive taxation of the product. 
C)a positive externality. 
D)a negative externality.

Quizplus · Accepted Answer

The Answer of 
-Refer to the above figure.The market equilibrium quantity is  .Point  represents the optimal amount of production.This indicates that there is
A)a public good which should be produced. 
B)regressive taxation of the product. 
C)a positive externality. 
D)a negative externality.

-Refer to the Above Figure