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Figure: Correcting for Market Failure Use the following to answer question: Figure: Correcting for Market Failure   -(Figure: Correcting for Market Failure) Use Figure: Correcting for Market Failure.There is an external cost in the market illustrated in the figure,and the two upward-sloping lines reflect private and social marginal costs.When the government intervenes to correct for the external cost,the output will _____ from _____ to _____. A) fall;W;R B) increase;W;R C) fall;R;W D) fall;W;0
-(Figure: Correcting for Market Failure) Use Figure: Correcting for Market Failure.There is an external cost in the market illustrated in the figure,and the two upward-sloping lines reflect private and social marginal costs.When the government intervenes to correct for the external cost,the output will _____ from _____ to _____.


A) fall;W;R
B) increase;W;R
C) fall;R;W
D) fall;W;0

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