Use the Figure Below to Answer the Following Questions

question 84

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.

---

Definitions:

PhOH

The abbreviation for phenol, representing a hydroxyl group (-OH) bonded to a benzene ring.

Anionic Polymerization

A type of polymerization that involves the polymer growth through an anion active center, usually initiated by a strong base.

BuLi

Butyllithium, a strong base and nucleophile used in organic synthesis to deprotonate compounds or to initiate polymerization.

PhOH

Phenol, an aromatic compound with the formula C6H5OH, known for its antiseptic properties.