The graph shows the market for pesticide. The firm that produces the pesticide dumps waste into a river. no one owns the river, the market equilibrium occurs at a price of on and a quantity of_____ tons a week. A. $150; 4,000 B. $850; 8,000 OC. $250; 8,000 OD. $450; 4,000 The market equilibrium is inefficient a 1000 800- 600- 400- 200- Price and cost (dollars per ton) 850 450 250 150 MSC S=MC D=MB
The graph shows the market for pesticide. The firm that produces the pesticide dumps waste into a river. no one owns the river, the market equilibrium occurs at a price of on and a quantity of_____ tons a week. A. $150; 4,000 B. $850; 8,000 OC. $250; 8,000 OD. $450; 4,000 The market equilibrium is inefficient a 1000 800- 600- 400- 200- Price and cost (dollars per ton) 850 450 250 150 MSC S=MC D=MB
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter12: Environmental Protection And Negative Externalities
Section: Chapter Questions
Problem 2SCQ: Identify whether the market supply curve will shift right or left or will stay the same for the...
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Question
![The graph shows the market for pesticide.
The firm that produces the pesticide dumps waste into a river.
If no one owns the river, the market equilibrium occurs at a price of
ton and a quantity of
tons a week.
OA. $150; 4,000
OB. $850; 8,000
OC. $250; 8,000
OD. $450; 4,000
The market equilibrium is
inefficient
efficient
Click to select your answer.
a
1000
Price and cost (dollars per ton)
1850
800-
600-
400-
450
1250
200-150
:4
:8
8
MSC
S=MC
D=MB
10
12](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F536ee947-a5ea-4379-8a80-5d0db823514f%2F650d63a4-5eee-4efa-8814-88ea38984fae%2Fhmmm4c_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The graph shows the market for pesticide.
The firm that produces the pesticide dumps waste into a river.
If no one owns the river, the market equilibrium occurs at a price of
ton and a quantity of
tons a week.
OA. $150; 4,000
OB. $850; 8,000
OC. $250; 8,000
OD. $450; 4,000
The market equilibrium is
inefficient
efficient
Click to select your answer.
a
1000
Price and cost (dollars per ton)
1850
800-
600-
400-
450
1250
200-150
:4
:8
8
MSC
S=MC
D=MB
10
12
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