Figure 5-2 Shows a Market with a Negative Externality

question 74

Multiple Choice

Figure 5-2 shows a market with a negative externality.
-Refer to Figure 5-2.The private profit-maximizing quantity for the firm is

• A)Qa.
• B)Qb.
• C)Qb - Qd.
• D)Qd.

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Definitions:

Ml

Milliliter, a unit of volume in the metric system equal to one thousandth of a liter.

Ounces

A unit of weight in the avoirdupois system, equivalent to 1/16th of a pound or approximately 28.35 grams.

Convert

To change something into a different form or property, often referring to religious belief, energy forms, or data formats.

Ceclor

An antibiotic medication used to treat various bacterial infections by stopping the growth of bacteria.