In the figure given below,the competitive supply curve of a commodity is given by S1,the private marginal benefit curve is D1,the marginal social benefit curve is D2,and the MBE curve reflects the marginal external benefits. 
-In Figure 20-2,if the efficient output is being produced,the market price of the commodity must be:
Definitions:
Negligent
Failing to exercise a level of care that a reasonably prudent person would, resulting in harm or damage.
UCC
The Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States, intended to harmonize the laws of sales and other commercial transactions across state lines.
Recover Damages
The action of obtaining compensation through legal means for loss or injury.
Design Defect
A flaw in the planned design of a product, making it inherently unsafe for its intended or reasonably foreseeable use.
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