Use the following to answer question:
Figure: Model of a Competitive Market 
-(Figure: Model of a Competitive Market) Use Figure: Model of a Competitive Market.Given the figure,if there are no external benefits or costs,the output at Q will be:
Definitions:
Contractual Obligations
Duties that a party is bound to perform as per the terms and conditions specified in a contract.
Ground of Intoxication
A legal justification or defense based on the claim that an individual's actions were significantly impaired due to the influence of alcohol or drugs.
Ratifying the Contract
The act of formally confirming or approving an agreement to make it officially valid.
After Reaching Majority
A legal status attained when an individual has reached the age of majority, which is considered the threshold of adulthood and conveys full legal rights and responsibilities.
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