ப Question 25 口 The following question refers to the diagram below, which illustrates the market for a good whose production results in a negative externality. If there is no regulation in place to correct the externality, and the market is at its competitive equilibrium price and quantity, which area represents MARKET surplus? That is, at the market equilibrium, what area is consumer surplus, plus producer surplus, not considering the externality and the damage to the environment? M a d b MSC MSB Q Q2 Q₁ MPC Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a. b a-d. C a+b. d a+b+e Question 26 Q Search DELETE FIR 144 F.B FFB FIB B B L H L P [ ] FAUSE t BACKSPACE NUM LOCA ENTER 7 10

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