Use the Figure Below to Answer the Following Questions

question 14

Multiple Choice

Use the figure below to answer the following questions.
Figure 16.3.1
-Refer to Figure 16.3.1.The figure shows the marginal private benefit curve,the marginal social benefit curve,and the market supply curve.If production is left to the private market,then the price is

• A)P₁.
• B)P₃.
• C)P₂.
• D)greater than P₄.
• E)P₄.

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