A Shift from S₁ to S₂ Reflects the Change That $P _ { 1 }$

question 264

Multiple Choice

A shift from S₁ to S₂ reflects the change that happens when a negative externality is taken into account.A shift from D₁ to D₂ reflects the change that happens when a positive externality is taken into account.
-Refer to the above figures.A negative externality existed but has been corrected.Price and quantity will be

• A) \(P _ { 1 }\) and \(\mathrm { Q } _ { 1 }\) .
• B) \(P _ { 2 }\) and \(\mathrm { Q } _ { 2 }\) .
• C) \(\mathrm { P } _ { 3 }\) and \(\mathrm { Q } _ { 3 }\) .
• D) \(\mathrm { P } _ { 4 }\) and \(\mathrm { Q } _ { 4 }\) .

---

Definitions:

Ultraviolet Radiation

A form of electromagnetic radiation that comes from the sun and artificial sources like tanning beds, which can cause skin damage, eye problems, and increase the risk of skin cancer.

Reactive Compounds

Substances that readily engage in chemical reactions with other materials due to their unstable electron configurations.

Stratosphere

The layer of the Earth's atmosphere just above the troposphere, known for its ozone layer which absorbs and scatters harmful ultraviolet sunlight.