If There Is a Negative Externality Associated with the Production

Multiple Choice

If there is a negative externality associated with the production of chewing gum, then the most efficient allocation of resources in gum production occurs at the intersection of the

A) demand curve and the private cost curve
B) demand curve and the externality curve
C) demand curve and the social cost curve
D) social cost curve and the private cost curve
E) private cost curve and the externality cost curve