Use the Following to Answer Questions

question 64

Multiple Choice

Use the following to answer questions:
Figure: Marginal Private Benefits and Marginal Social Benefits
-(Figure: Marginal Private Benefits and Marginal Social Benefits) Look at the figure Marginal Private Benefits and Marginal Social Benefits. Without government intervention, this market will produce _____ units at a price of _____.

• A) Q₀; P₀
• B) Q₁; P₀
• C) Q₁; P₂
• D) Q₂; P₁