P incurs $2,000 of damages because of D's negligent handling of biomedical waste, The administrative costs of a trial would be $3,000 (all costs, for all parties and court). Which of the following statements is true? Assume a trialwould give us the "correct" damage award.O Social costs would be zero if P dropped the lawsuit against D.OP's threat value is $2,000.O Litigating this matter is inefficient unless the error costs are $3,000 or more.O Litigating this matter is inefficient because the costs definitely outweigh the benefit.Moving to another question will save this response.Type here to searchNEW31%Snow tonight^Question 9 of 205:07 PL3/23/20

C. Litigating this matter is inefficient unless the error costs are $3,000 or more.Explanation:To…

Answered: P incurs $2,000 of damages because of…

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