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Exhibit 31-4 -Refer to Exhibit 31-4. If a Negative Externality Exists,then the Negative

Question 141

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Exhibit 31-4
Exhibit 31-4 -Refer to Exhibit 31-4. If a negative externality exists,then the socially optimal output is A) Q<sub>1</sub>. B) Q<sub>2</sub>. C) Q<sub>1</sub> - Q<sub>2</sub>. D) Q<sub>2</sub> - Q<sub>1</sub>.
-Refer to Exhibit 31-4. If a negative externality exists,then the socially optimal output is


A) Q1.
B) Q2.
C) Q1 - Q2.
D) Q2 - Q1.

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