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Figure 10-2

Question 460

Multiple Choice

Figure 10-2. The graph depicts the market for plastic. Figure 10-2. The graph depicts the market for plastic. -Refer to Figure 10-2. Suppose that the production of plastic creates a social cost which is depicted in the graph above. What is the socially optimal quantity of plastic? A) 200 units B) 450 units C) 500 units D) 650 units
-Refer to Figure 10-2. Suppose that the production of plastic creates a social cost which is depicted in the graph above. What is the socially optimal quantity of plastic?


A) 200 units
B) 450 units
C) 500 units
D) 650 units

Correct Answer:

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