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In the Following Figure,the First Panel Shows a Market Situation

question 61

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In the following figure,the first panel shows a market situation prior to regulation and the second panel shows the effects of regulation. Figure 12.2 In the following figure,the first panel shows a market situation prior to regulation and the second panel shows the effects of regulation. Figure 12.2   In the figure, D: Demand curve for automobiles S<sub>1</sub>: Supply curve of automobiles prior to regulation S<sub>2</sub>: Supply curve of automobiles after regulation FG: Clean up cost per unit -According to Figure 12.2,the total clean up cost after the regulation is: A) area 0FIQ<sub>2</sub>. B) area 0FGQ<sub>1</sub>. C) area BEC. D) area BEP<sub>1</sub>. E) area BEGF. In the figure,
D: Demand curve for automobiles
S1: Supply curve of automobiles prior to regulation
S2: Supply curve of automobiles after regulation
FG: Clean up cost per unit
-According to Figure 12.2,the total clean up cost after the regulation is:


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