Multiple Choice
-The figure above shows the market for transportation services, which produces an external cost due to the air pollution that is created. If the market for transportation services is competitive and unregulated, the equilibrium quantity is ________ and the equilibrium price is ________.
A) 120; $14
B) 120; $8
C) 80; $12
D) 80; $6
Correct Answer:

Verified
Correct Answer:
Verified
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