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

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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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
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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