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Question 54

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Use the following to answer question:
Figure: Marginal Private Benefits and Marginal Social Benefits Use the following to answer question: Figure: Marginal Private Benefits and Marginal Social Benefits   -(Figure: Marginal Private Benefits and Marginal Social Benefits) Use Figure: Marginal Private Benefits and Marginal Social Benefits.Without government intervention,this market will produce _____ units at a price of _____. A) Q<sub>0</sub>;P<sub>0</sub> B) Q<sub>1</sub>;P<sub>0</sub> C) Q<sub>1</sub>;P<sub>2</sub> D) Q<sub>2</sub>;P<sub>1</sub>
-(Figure: Marginal Private Benefits and Marginal Social Benefits) Use Figure: Marginal Private Benefits and Marginal Social Benefits.Without government intervention,this market will produce _____ units at a price of _____.


A) Q0;P0
B) Q1;P0
C) Q1;P2
D) Q2;P1

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