The graph shown displays a market with an externality. 
If the market quantity is 32 units, and the efficient quantity is 49 units, which of the following statements is true?Deadweight loss is represented by areas H + K.Line Y represents the social marginal benefit curve.This shows a positive externality.
Definitions:
Pirate Bay
A notorious online platform for downloading and sharing pirated content, including movies, music, software, and books.
Missionary Church of Kopimism
A religious movement that believes in the sacredness of copying and sharing information freely.
Creative Commons
A licensing system that enables creators to specify legal permissions for others to use their work.
Cyberterrorists
Individuals or groups engaging in the use of computer technology to conduct acts of terror and violence.
Q14: When labor is substitutable between two markets,
Q26: The biggest difference between using a Pigovian
Q45: An efficiency wage is a wage that:<br>A)the
Q47: The graph shown demonstrates the domestic demand
Q50: When a positive externality is present in
Q52: Entitlement spending:<br>A)is public expenditure that is mandated
Q61: Suppose a salon owner notices that their
Q93: When a government tries to change social
Q128: Making a decision "on the margin" involves
Q148: The graph shown depicts a tax being