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:
Simplicity
The quality of being easily understood or performed; favoring clear, uncluttered methods and procedures.
Managers
Individuals responsible for controlling or administering all or part of a company or similar organization.
Capital Budgeting Process
Involves the evaluation and selection of long-term investments that are in line with the firm's goal of shareholder wealth maximization.
Products
Goods or services that are created through a process and offered in the market to satisfy consumer needs or wants.
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